ing power of the dollar and to maintain the strength of our economy in this critical period. Both the Treasury and the Federal Reserve have a vital interest in this objective.

We hope that we may have an early opportunity of discussing this matter with you.

With warmest regards,
Sincerely,

THOMAS B. MCCABE, Chairman.

(The above letter, February 7, 1951, was handed to Secretary Snyder by Chairman McCabe, Thursday, February 8, in a meeting at the Treasury. It did not, therefore, require a written reply.)

MISCELLANEOUS MATERIAL REQUESTED OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

In accordance with requests made at the meeting of the subcommittee on March 31, and in subsequent telephone conversations with members of the Board's staff, the following material have been furnished by the Board of Governors, Federal Reserve System:

1. Statement of Condition of the Twelve Federal Reserve Banks Combined at End of Year (Five-Year Intervals 1915-40 and Each Year 1941–51). 2. Federal Reserve Note Statement. End of Year Figures (Five-Year Intervals 1915-40 and Each Year 1941-51).

3. Maturity Distribution of Loans and Securities of Federal Reserve Banks. December 31, 1951.

4. Statement of Bank Premises of Federal Reserve Banks, and Other Real Estate Acquired for Banking House Purposes, at End of Year (FiveYear Intervals 1915-40 and Each Year 1941-51).

5. Statement of Taxes on Bank Premises Paid by Federal Reserve Banks (At Five Year Intervals 1915-40 and by Years 1941–51).

6. Volume of Checks Handled by Federal Reserve Banks (At Five Year Intervals 1915-40 and by Years 1941-51).

7. Number of Officers and Employees of the Federal Reserve System. As of December 31 of each year 1940–51.

8. Breakdown showing Average Number of Officers and Employees of the Federal Reserve Banks Assigned to Various Functions, for the Fourth Quarter 1951.

9. Breakdown of Staff of Board of Governors of the Federal Reserve System by Divisions as of December 31, 1951.

10. Comparison Between Benefits of Civil Service and Federal Reserve Retirement Systems.

11. Factors in the Rise in Currency in Circulation Since 1939.

12. Statement showing Number of Motor Vehicles operated by the Board of Governors and the Federal Reserve Banks, and the Types of License Plates Used.

13. Tax Status of Board of Governors of the Federal Reserve System and Federal Reserve Banks.

14. Applicability of State or Local Retail Sales or Excise Taxes to Luncheon Facilities, Snack Bars, Canteens, Etc., Operated at Board of Governors and Federal Reserve Banks.

15. Reimbursable Fiscal Agency Expenses of the Federal Reserve Banks Year 1950.

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