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1410 A meeting of the Board of Governors of the Federal Reserve aYsteray 'las held in Washington on Monday, September 18, 1944, at 2:00 PRESENT: Mr. Mr. Mr. Mr. Mr. Eccles, Chairman Ransom, Vice Chairman McKee Draper Evans Mr. Morrill, Secretary Mr. Carpenter, Assistant Secretary Mr. Clayton, Assistant to the Chairman The action stated with respect to each of the matters hereinr eferred to was taken by the Board: The minutes of the meeting of the Board of Governors of the Pe,4 ''eral Reserve System held on September 16, 1944, were approved unani4)1446 Memorandum dated September 15, 1944, from Mr. Goldenweiser, 4r'ector- of the Division of Research and Statistics, recommending (1) that 110 rst Mendershausen be reappointed as an economist in that Divisioh 0 11 a temporary basis for a period of not to exceed six days at P ,ormer basic salary at the rate of $4,000 per annum, effective as the - date upon which he enters upon the performance of his duties, 44cl (2) - that Mr. Mendershausen's traveling expenses incurred between h Bennington, Vermont, and Washington, D. C., be paid in ac411ce the rate with the Board's travel regulations, including per diem at of $6 per day in lieu of subsistence for the period that he 1111 be 1, a-sent from his home on Board business. Approved unanimously. 1411 9/18/44 -2Memorandum dated September 15, 1944, from Mr. Goldenweiser, " - °P of the Division of Research and Statistics, recommending, the reasons stated in the memorandum, (1) that the Federal Reserve kra, °f New York be reimbursed in the anount of $2,026.28 for its pay4.4t to Wesley C. Haraldson, whose services were loaned to the Board en— vunection with work in the Division of Research and Statistics (1111111g the period from March 22, 1944, through June 30, 1944, and (2) that the amount of t!t2,026.28 be added to the appropriate account in the budget of the Division of Research and Statistics to cover the re143/Irsement, Approved unanimously. Letters to "The South Shore Bank of Staten Island", Great 8, Staten Island, New York, the "Union County Trust Company", "eth, New Jersey, the "First State Bank", Belmond, Iowa, and the ca'lltile Bank", Hammond, Indiana, reading as follows: "The Board is glad to learn that you have completed arrangements for the admission of your bank to the 1,'cleral Reserve System and takes pleasure in transmitting ' e/'ewith a formal certificate of your membership. It will be appreciated if you will acknowledge re'elpt of this certificate." Approved unanimously. 1412 9/18/44 -3- Thereupon the meeting adjourned.
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