| Show WALL STREET COMMISSION RUDY READY TO INVESTIGATE STOCK T Report Willi Be Made to Governor Hughes in Time to Embody Recommendations in His Message I Z New York Dec D c 15 The commission appointed by Governor Hughes to in inquire Inquire inquire quire into conditions in Wall street will begin its task almost immediately Horace White the author and editor who is i to act as chairman of the com corn commission commission mission sad today that the committee would seek information and advice from the leading bankers hankers and brokers oper operating operating operating on the stock exchange and would consult their views vi ws in the matter of any remedial legislation to be rec ree recommended recommended The committee also al o will make an independent and perhaps indi individual individual vidual inquiry into nto Wall street condi conditions conditions conditions from the standpoints of the trader and tind nd the public V I Voluntary Testimony The testimony we will take said Mr White hite will be entirely of or a vol voluntary voluntary voluntary character chara teras as of o 0 course we can cannot cannot cannot not compel the attendance of witness It is believed the committee will sub submit submIt submit mit a report to Hughes in time for him to embody any that may follow in a special special pe pecia cial cia message to the legislature which convenes Jan 1 L Governor Hughes asked the legisla legislature legislature ture last winter whiter to appoint a Wall street investigating committee but bills bUls em bodying the tile suggestion were w wire re voted vot d down in committees In his letters of f notification to the commission mem members members membern bers bern Governor Hughes referred to the work of the banking committee ap appointed appointed appointed pointed by him last year and nd it is be believed believed the inquiry of the Wall street commission will be directed direct d along the as that of the previous us inquiry in inquiry Inquiry At that time the bankers of the state suggested many new laws and anil amendments to the existing laws which were passed and caused general satis saUs facton Professions of Pleasure The commission will have the active cooperation of members of the stock exchange according to a statement made by representative members of that body today It was said that the officers of the exchange look upon th the governors action as opening a way to remove rem v certain erroneous impressions which now exist In the th minds of or many people regarding Wall street t The action of the governor has been most favorably received by our Jur mem members members members bers said Ranson Hanson H Thomas president dent of the exchange change today The character of the commission is most re reassuring T assuring Of or course we stall shall offer It every facility facUlty C |
