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Minutes of actions taken by the Board of Governors of the 4dera1 Reserve System on Monday, November 19, 1951. PhESENT: Mr. Mr. Mr. Mr. Martin, Chairman Szymczak Vardaman Powell Mr. Carpenter, Secretary Mr. Sherman, Assistant Secretary Mr. Kenyon, Assistant Secretary Minut5 of actions taken by the BoarcLof Governors of the ?eciel'al Reserve System on November 15, 1951, were approved unanimously. Minutes of actions taken by the Board of Governors of the .Reserve System on November 16, 1951, were approved and the actions ee(Ircle4 therein were ratified unanimously. Memorandum dated November 15, 1951, from Mr. Sloan, Director, loll of Examinations, recommending the appointment of Mrs. Marian 8chinei ter as a Clerk-t3rpist in that Division, on a temporary indefinite " ""a basic salary at the rate of $2,750 per annum, effective as °I' the d-ate upon which she enters upon the performance of her duties 4fter —471-11g passed the usual physical examination and subject to the Pletio4 of satisfactory employment investigation. Approved unanimously. Memorandum dated November i6, 1951, from Mr. Ilethea, Director, ' to:a ,... ‘.#4 Re Administrative Services, recommending the reinstatement of Tate, who had been on military leave, as Laborer in that Division, with 44 be. le lary at the rate of $2,632 per annum, effective as of the 11/19/51 date -2- upon which he enters upon the performance of his duties after having 1)48ed the usual Ilysical examination. Approved unanimously. Telegram to Mr. Slade, Vice President of the Federal Reserve °r San Francisco, reading as follows: "Reurtel November 15, 1951. Board approves desigliaI°11 of Coad C. Shaw as special assistant examiner for xederal Reserve Bank of San Francisco." Approved unanimously. Letter for the signature of the Chairman to Mr. Chester Morrill, 390 nEomar Street, N. W./ W shin8ton, D. C., prepared pursuant to actlori taken at the meeting on October 15, 1951, reading as follows: "1 am very pleased to know from Ralph Young that •r()11 will be able to serve as a special consultant to me shaping UP my reply to the questionnaire which I have ceived from the Pntman Subcommittee of the Joint Comte on the Economic Report. As you know, we have .7-one questions to answer. Most of the draft on ich I will want to have the benefit of your advice and illIgEestions is now available and will be forwarded to you ,"r separate cover. We plan to have a discussion of 41 draft replies here at the Board on November 29, 30, ;_ci December 1, which I hope you will be able to attend, I 811 vill be helpful if you will forward your written sugA stions as soon as you have completed a review of the ft, "For whatever time you devote to this assignment, Board has authorized a per diem compensation of 350.00. "With respect to specific arrangements for your conwork, Ralph Young will be in touch with you directly €11(i keep you advised." Approved unanimously