Benjamin Strong Jr. to Russell Cornell Leffingwell
Title
Benjamin Strong Jr. to Russell Cornell Leffingwell
Creator
Strong, Benjamin, 1872-1928
Identifier
WWP18638
Date
1919 March 31
Description
A memorandum, probably from Benjamin Strong Jr. to Russell C. Leffingwell on the Liberty Loan.
Source
Benjamin Strong Jr. Papers, New York Federal Reserve Bank
Language
English
Text
MEMORANDUM FOR MR. LEFFINGWELL:
I am urged by the Liberty Loan Organization to get word to New York today in regard to Secretary Glass attending the proposed meeting which we would hope to fix, if possible, for next Monday, but which, I believe, can be deferred until later to meet his convenience.
I am also urged to obtain authority at once for the printing of subscription blanks, so that they may be distributed in advance. This involves, of course, a determination as to whether subscriptions shall be for one or two forms of security.
I am also urged to secure from Secretary Glass, if possible, a very definite and positive statement as to where subscribers should file their subscriptions, in other words, where their bank balances are maintained, this being the only protection that we can get, with our large quota, against the diversion of many subscriptions away from New York.
I am urged by the Liberty Loan Organization to get word to New York today in regard to Secretary Glass attending the proposed meeting which we would hope to fix, if possible, for next Monday, but which, I believe, can be deferred until later to meet his convenience.
I am also urged to obtain authority at once for the printing of subscription blanks, so that they may be distributed in advance. This involves, of course, a determination as to whether subscriptions shall be for one or two forms of security.
I am also urged to secure from Secretary Glass, if possible, a very definite and positive statement as to where subscribers should file their subscriptions, in other words, where their bank balances are maintained, this being the only protection that we can get, with our large quota, against the diversion of many subscriptions away from New York.
Original Format
Letter
To
Leffingwell, R. C. (Russell Cornell), 1878-1960
Files
Collection
Citation
Strong, Benjamin, 1872-1928, “Benjamin Strong Jr. to Russell Cornell Leffingwell,” 1919 March 31, WWP18638, Benjamin Strong Jr. Papers, Woodrow Wilson Presidential Library & Museum, Staunton, Virginia.