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III. ADMINISTRATION OF THE FEDERAL

RESERVE BOARD

PART III.

THE ADMINISTRATION OF THE FEDERAL RESERVE BOARD

RESERVE BANK ORGANIZATION COMMITTEE

(This committee automatically ceased its functions August 10, 1914) William G. McAdoo, Secretary of the Treasury, Chairman.

D. F. Houston, Secretary of Agriculture.

John S. Williams, Comptroller of the Currency.

FEDERAL RESERVE ORGANIZATIONS AS OF OCTOBER 6, 19161

FEDERAL RESERVE BOARD

William G. McAdoo, Secretary of the Treasury, ex-officio Chairman. John S. Williams, Comptroller of the Currency, ex-officio.

W. P. G. Harding, Birmingham, Ala., Governor, term expires August 9, 1922.

Paul M. Warburg, New York, N. Y., Vice-Governor, term expires August 9, 1918.

Charles S. Hamlin, Boston, Mass., term expires August 9, 1926.
Adolph C. Miller, San Francisco, Cal., term expires August 9, 1924.
Frederic A. Delano, Chicago, Ill., term expires August 9, 1920.
H. Parker Willis, Secretary, New York, N. Y.

1RESERVE ADVISORY COUNCIL

New York-J. Pierpont Morgan, Member Executive Committee.
Boston-Daniel G. Wing, Member Executive Committee.
Philadelphia-Levy L. Rue, Vice-President.

Cleveland-W. S. Rowe, Member Executive Committee.
Richmond-J. W. Norwood.

Atlanta-Charles A. Lyerly.

Chicago James B. Forgan, President.

Minneapolis-C. T. Jaffray.

Kansas City-E. T. Swinney.

Dallas-T. J. Record.

St. Louis-Frank O. Watts.

San Francisco-Herbert Fleishhacker.

The president, vice-president and members of the executive committee were

elected December 14, 1914.

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DISTRICT NO. 1

FEDERAL RESERVE BANK OF BOSTON

Frederic H. Curtiss, Chairman and Federal Reserve Agent. Walter S. Hackney, Deputy Chairman and Deputy Reserve Agent.

Class A Thomas P. Beal

Charles G. Sanford
A. M. Heard

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Class B-Chas. A. Morss

E. R. Morse

Chas. G. Washburn

Class C-Frederic H. Curtiss

Walter S. Hackney
Allen Hollis

Worcester, Mass.

Boston, Mass.

Providence, R. I.
Concord, N. H.

2Beginning November 21, 1916, and continuing for fifteen days, the regular election will be held for federal reserve bank directors of Classes A and B, whose terms expire December 31, 1916. There are three Class A directors in each of the twelve banks, and they are chosen by the stockholding banks of the reserve district. Class B directors to the number of three are chosen also by the member banks and are required to be persons actively engaged in commerce, agriculture or some other industrial pursuit.

The Class C directors, whose terms expire on December 31, will be chosen by the Federal Reserve Board. There are three in each reserve district, and from their number the board designates one to act as chairman of the board of directors of the reserve district bank.

DISTRICT NO. 2

FEDERAL RESERVE BANK OF NEW YORK

Pierre Jay, Chairman and Federal Reserve Agent.

George F. Peabody, Deputy Chairman and Deputy Reserve Agent.

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Richard L. Austin, Chairman and Federal Reserve Agent、

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Henry B. Thompson, Deputy Chairman and Deputy Reserve Agent.

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FEDERAL RESERVE BANK OF CLEVELAND

D. C. Wills, Chairman and Federal Reserve Agent.

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Lyman H. Treadway, Deputy Chairman and Deputy Reserve Agent.

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