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434 UPon call of the Governor a fleeting of the Executive Committee of the ?sclera' Reserve Board was held. in the office of the Board on Wednesday, kaiY 12, 1926 at 3:50 p.m. PRESENT: PRES1ZT ALSO: Governor Crissini-er Mr. Miller Mr. James Mr. McIntosh Mr. Noell, Asst. Secretary Mr. McClelland, Asst. Secretary Mr. Smead, Chief of the Division of Bank Operations Mr, Goldenweiser, Acting Director of the Division of Research and Statistics. 11.r. Goldenweiser then read to the Board. a revised draft of the proposed l'ePlIr to letter dated May 10th from the Chairman of the Coninittee on Banking Eta on,. -41%enoY of the House of Representatives, submitting certain questions With l'eference to the issuance of Federal Reserve notes and deposit resexves; qv% , 'Letter having been amended to meet suggestions made at the meeting of the eCUti e Coranittee this morning. After discussion, during which several minor Changes were suggested, the proposed. letter was approved as amended.. The meeting adjourned. at 4:20 p.m. Assistant Secretary. 41D13rove
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