Show I I BANKS MEET IET RE- RE RESERVE REI RESERVE I SERVE BOARD TAlK or OF PAYING OBliGATIONS 10 ASUr Assur Assur Assurances WASHINGTON ASHINGTON Sept Sopt ances were given tIle the federal reserve board today by J. J P. P Morgan Jacob and Benjamin Strong bankers that a syndicate of ot New York banks will vill care for in obligation of the city of New York held by European Euro Euro- European creditors without requiring assistance as as- from banks in other parts of tho the United States WASHINGTON Sept Sepi J. 10 10 J. J P. P Morgan organ Co of New York bankers are hero today to confer with the fed federal eral oral reserve c board regarding plans for meeting American obligations to Europe Europ with gold guld payments Tho The proposal for a pooling arrangement arrangement arrange arrange- ment to pay in gold goldwa wa was formulated d by b- tho the committee of bankers of which J. J B. B Forgan of Chicago Chicago Chi Chi- cn cago o is chairman appointed last Jast Friday at a conference at the tho treasury depart depart- ment mont The committees committee's plan is now DOtY before before be be- fore the board Loard for it it action It Jt proposes u Ii gold fund contributed by national in reserve an and central central central cen cen- reserve cities of of which would woul bo made immediately immediately im im- mediately available Belief today was that the tho board would approve tho the pooling arrangement Tho The plan to raise laiso tl this s gold of fund through banks it is understood will not bo ho formal fory for mal acted pending receipt of a tip trout irom om London as to whether hether it would bo be acceptable b e. e |