{"value"=>"<p>Subseries 2.1 is comprised of materials relating generally to PEC's activities through the Central Bank, including correspondence, minutes, memoranda, reports of audits, financial and accounting statements and reports, statistical information, and publicity materials. Of special note are the minutes of the Advisory Committee on Short Term Loans (1924-1937), and the Advisory Committee on Intermediate and Long Term Loans (1926-1937). (1: Original folder headings for each committee displayed some variance over the years. It was decided to assign each committee a uniform heading for the entire span of records represented thereby, and to reference here all deviations from those uniform headings.</p> <p> In the case of the Advisory Committee on Intermediate and Long Term Loans, it may be noted that the first set of minutes to make reference to intermediate credits is that for the l0th Meeting, in 1928; previous to this meeting, the committee was referred to as the \"Advisory Committee on Long Term Loans\", or \"Long Term Loan Advisory Committee\", and the original folder headings followed either of those constructions. Minutes for the llth through the 16th meetings of the Advisory Committee were headed, \"Advisory Committee on Intermediate Loans\"; and for the 17th through 21st meetings, the \"Advisory Committee on Intermediate and Long Term Loans\". Finally, minutes for the 24th through 39th meetings were headed, \"Palestine Advisory Committee on Intermediate and Long Term Loans.\"</p> <p> Minutes for the Advisory Committee on Short Term Loans open with a meeting held 9 June 1924, and reference an earlier meeting (16 April) of which no record appears. Minutes for the committee's \"24th\" meeting, held 4 December 1924, note that, \"These minutes have been numbered 24. In future... number all Minutes of the Advisory Committee (25 seq)\". A single unnumbered meeting follows, after which the minutes are headed as belonging to the 25th through the 111th meetings of the committee (though no record for a 26th meeting appears). The original folder headings read simply \"Advisory Committee\", with only a very few exceptions, from the time of the first meeting of the committee to that which was artificially numbered the 56th; remaining files (i. e., through the 111th meeting) were headed, \"Advisory Committee on Short Term Loans. \") The recommendations of these committees were an integral part of the loan-granting process. Their members were also active in the formulation of policy and procedure directing that process; in the provision of administrative support to existing cooperatives; and in the creation of initiatives for the establishment of new cooperatives.</p> <p> Records specifically documenting the evolution of Central Bank's policies are contained within this subseries (\"Policy of Central Bank\"), and represent the period of the bank's activity from 1923 to 1939. The subseries also contains minutes of Board Meetings, dating from the organization of the Bank in 1922, and continuing through 1934; and Annual Accounts prepared for PEC of the bank's activity, and dating from 1931 to 1942.</p> <p> Files pertaining to the Cooperative Societies Ordinance, the Industrial Producers' Cooperatives Fund, Water Installation Loans, and the Agricultural Mortgage Bank are among those documenting other topics and activities in the subseries.</p>"}