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1783 Minutes of actions taken by the Board of Governors of the Federal Reserve System on Wednesday, October PRESENT: Mr. Mr. Mr. Mr. Mr. 15, 1952. Martin, Chairman Szymczak Vardaman Mills Robertson Mr. Carpenter, Secretary Mr. Sherman, Assistant Secretary the Minutes of actions taken by the Board of Governors of Federal Reserve System on October 14, 1952, were approved unanimously. SecreMemorandum dated October 14, 1952, from Mr. Carpenter, tary of the Board, recommending an increase in the basic salary of Jeanette E. Devlin, File Clerk in the Office of the Secretary, from 10,430 to 40,575 per annum, effective October 26, 1952. Approved unanimously. of Letter to Mr. Williams, President, Federal Reserve Bank Philadelphia, reading as follows: As you know, the Union Bank of Burma through the Burmese Ambassador in Washington has been in communication of a with us regarding their desire to obtain the services to adqualified economist from the Federal Reserve System vise the Union Bank of Burma on problems of monetary policy during the next year. The Burmese authorities have now reviewed the qualifi of Bank cations of Mr. Clay Anderson of the Federal Reserve n be Anderso Mr. that request a us sent have Philadelphia and post a given a leave of absence in order that he may accept of one as adviser to the Union Bank of Burma for a period the year. This would be a leave of absence without pay; 1784 10/15/52 -2- "Union Bank of Burma would compensate Mr. Anderson and would pay all other costs of this requested mission. "If the granting of a leave of absence for this purpose would be agreeable to your bank and to Mr. Anderson, we will of course be glad to collaborate in working out any further arrangements and in obtaining the requisite clearance of the Department of State." Approved unanimously. Secretary.
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