Board of Governors of the Federal Reserve System (U.S.), 1935- and Federal Reserve Board, 1914-1935. "Meeting Minutes, March 20, 1918, 10:30 AM, Volume 5, Part 1," Minutes of the Board of Governors of the Federal Reserve System (March 20, 1918). https://fraser.stlouisfed.org/title/821/item/32809, accessed on March 11, 2025.

Title: Meeting Minutes, March 20, 1918, 10:30 AM, Volume 5, Part 1

Date: March 20, 1918
Page 1
image-container-0 At a meeting of the Gold Export Committee of the Federal Reserve Board held in the office of the Governor on 7:ednesday, March 20, 1918, at 10:30 A. M., PLE;3ENT: Ur. Harding, presiding, Mr. Willis, Secretary. Mr. Miller, Present also: Mr. Strauss. Applications for permission to export coin, currency and bullion, with papers relative thereto, were presented anl acted upon as follows: A letter by First National Bank, Del Rio, Texas, concerning License No. 1376, and other matters relating to exports of gold to Mexico. Read and the Jecretarj directed to reply. A proposed telegram (Ur. Strauss) addressed to Ambassador Fletcher of Mexico was aoproved for recommendation to the Board. The application of Musher and Co. coming up for consideration and the Governor stating tnat the (.;ecretary of the Treasury had approved the Board ,3 memorandum on the subject, it was, on motion, voted to report to the Board that a declination be
image-container-1 406. Chartered Bank of Inida Australia & China, New York, through Anglo & London Paris National Bank, San Francisco, to Chartered Bank etc., Shanghai, 03 712 (102,000 ounces) silver bullion. Granted. 1407. Handy & Harman, New York to Mocatta & Goldsmid, London, 3100 000 silver. Granted. 1408. Same as above, FA. 0,000 silver bullion* 1409. Cia Agricola y de Fuerza Electri a del Rio Oonchos, S. A., El Paso, Texas, to same, Juarez, Mexico, $600 gold monthly. Declined. 1410. Canadian Bank of Commerce, San Fran- cisco, (3 applications) 2,660,000 Mexican pesos to Calcutta; 1,200,000 ounces silver to Mint Bombay; 450,000 ounces silver to Shan6tai. Granted. Mr. Strauss reported that neither fresh vegetables nor garbanzos ar needed from Mexico. Mr. Strauss submitted a letter from lam. Loeb re the providing of gold for export,was reiU. . At 1U:5 the Committee adjourned. AP E0V4D; 1 ---_, / Chairman ///
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