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a meeting of the E4ecutive Jommittee of the
Federal 2.eserve Board held in -Che office of the I-overnor
on Friday, October 26, 1917, at 5.15 p.m.,
2.1i1;21:
arbarg,

:Ir. Harding, presiding,

LIr.

1,1r. Delano,

Lii. 4il1is, Secretary.

?resent also, ,.ssistant Secretary of the Treasury
Rowe and

'abort Strauss.

:r. Strauss made a statement to the Committee with
reference to the failure to release gold at Lama°, Texas,
in favor of the :Ie:;.ican government, filing the following
memorandum:
4144-416:
2rom

ssistant Secretary

.ii telegram received from the Collector of Customs at
San 4ntonio, dated October 26, conveys the following information:
The telegrams of October 16 and 17, authorizing the
exportation of %;:600,000 _;old were immediately transmitted
from Can -ntonio to Laredo. The Deputy Collector at
Laredo informs the Department that prior to the receipt
of the telegrams of the 16th and 17th inkluiry concerning
this matter was made at Laredo by the :aim° ::ational Bank.
.4tt that time, however, the Deputy Collector had no information with reference to the license. On the 22nd the
Bank made another imiairy and wa then informed that the
authority for ex_vortation had been received and that the
shipment would be allowed to go forward. On the 25th
the 1:ilmo rational Bank advised the Deputy Collector at

:

that the.
at
to hold the
,.;oriloany of.:;ew

L.jviscd
0r of

to

.‘,T)plicL.tioi:s for 1

.

zitnd currency were preL,ented and acted upon
.446—

"...:0N41)

ith,.aentfor

Anco

t.nOranciscol.: toGuadalajara, :4,e;c..., ;.."4"0.,000

Petroleam Co., from l'ialvestonto

406.

,2old',;,;100,000 paper carrei.cy. .,.proved
certifie!...tes and L.,;reed

to cArrcncy

tht in Mle evcnt the co!IpLn-,7 is not able to 1)rovide it: elf
ith :;old

00i/1

in

11 ;,lso be t...pproved.
to

..AL.ndard cd1

vL:„

)6,‘;
',tor"
46).

or

Lt

'1.ovidence,

.

roved

H. Bro..,-a,
provided applicant will ...-Jree to ir.port .fl e
7,-old from
d61.
7"a4.4et,




t9

1aloAnt of

e letter).
Geo. M. :3aker, ]-Tnviderce, A.1., to —..zene
joid

..i:froved under Llane

r, n




dition

as iTos. 460 arid 4G1.
463.

Selby E.melti

V1 divostock, 363,442.2 Troy

to aubEiz..,n, tatic
11,

ounces, silver,
Lara, sai11n

Octo;„

IA 5.30

for 2a2sian Government,

•

016.26, vIa steamer Yanawa
4- PP cored.

r

. the Jor, ittee ajoirned.

1;ecretary.
‘.hairan.