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13 At an adjourned meeting of the iederal iteserve Board held in the office of the Board at 10:00 a. m. Saturday, September 19, 1914 MSENT: Mr. 3arburg McAdoo Mr. Williams Lr. Miller Mr. Harding. The Secretary of the Treasury presided. Members of the special committee appointed by the conference of bankers called by the Vederal Reserve Board on September 4, 1914, to consider the foreign exchange situation presented a report of the committee and after discussion this was approved, provided the amount called for shall be satisfactorily underwritten by the clearing houses of New York, Chicago, St. Louis, Philadelphia and Boston. The committee was requested further to complete the details of this plan that steps might be taken to place it in early operation. The Secretary of the Treasury appointed 1.2.. Warburg and Lir. Harding to prepare and submit to the committee a suggested form of letter to be sent out Page_ _______Neeting___AEP....1k.19 -----—Sec'y, 134 by the clearing houses with regard to the foreign . exchange situation. • On motion the meeting adjourned at 11:30 a. In. Assistant Secretary. APPROVED: Chairman. • Page Meeting_i(11.1.9j114..._ *