Show fORMATION I FOA FOAL FO FOr FOI L r I FINANCIAL WORLD at t Gathered by Monetary Com Corn Commission Commission CornY Y mission Will be Invaluable to tott Students tt dents of Economics tt WILL BE AVAILABLE SOON It II fill III Constitute n library Uhra of ot Banking Without Parallel In Literature Of Ot Any Country Dec 12 Information 1 ot or Juo ulo duo value alue to 10 the th world and aU ail tl students of o economics economIc regarding e monetary and banking sj systems stems of oC jho o civilized nations Including the tho thep p it ted States will w be made available luring the coming year vein through u ore coro or more of oC volumes prepared by byo ho o leading authorities In America land and ind Europe and to be pub i tJ ij under the tho auspices of oC the na nalon naon lon on monetary commission It will a library of ot bunking banking without N In tho the literature of or any coun cun r and will supply what Is 11 at present pres an absolute lack Inck of or lOn n In tho the English language lexa rota ding q f development during recent yeats eais eI of oft u financial systems s stems of oC the world t ti SCOPE OK OF PUBLICATIONS l e o c monetary commission Issued hero heio ht a statement the COIO cco o 10 forthcoming publications and ihu hl he Investigation which resulted re In Ia the he compilation of or the tho material The rhe urges all ail banket business bu s sen en and tutu students of ot finance to avail of or the th opportunity thus of ot K Ct to to study the conditions and cx ox tos es of outer other countries as os well ns m it own Pram Irom this Uti statement ri It rii t i th t the th commission slon for Cor a year ar ard dt d jn half halt has hM been engaged In coll collect ct t about tho the banking and enc systems j stems of ot the lending leading coon coun oune ca e of o the he world and a list ban re tb appeared of the tho publications the th commission now no has In pros proK I for lor the press pres and which till ill be b av available for or tho thu public In the th I future t l ne 10 summer of or 1008 1908 when Senator and the tho commission sot set about J pk k to them of oC Informing elves Ivea na as 11 to tho the best means for foi fort 01 t I f Ing our banking and credit sy st sythey still ill n they th W were surprised to discover tho thoo th k o liter HIT tore lure dealing with the thc mod development of or banking and anti th fh the theat nt at made In many king systems s with Ith regard to banK bankin In ln France Trance and Germany and other r countries there was wal ellcey In English which dealt with practical operations and relations I rl banks or which discussed nn i snore c than thon tho the history of oC banking Elation lIttlon Even In tho the case of oC TIng nd ad A no work of ot Importance rth th lb the tho English banking system fI had for more moro than a II generation mho whole modern use of credit In Int t 4 and tho the evolution of oC check checketa eh ck eta na r deposit banking which have haye so changed the tho character of or the Astern syston from what It wan RH In the tho middle of oC he Slit nineteenth century remained cussed The Tho only considerable work upon the thc English system which nad od been published In more than 30 years tar was eras bj by b a Greek Greck professor proCessor and written in French This of o Androl s has subsequently boon been translated Into Ino English With regard Ic rd to banking In tho United States no fro coherent and cons como history has been written which coveted covered more than cursorily th the thu significant developments In banking during the half haIr century since the i Civil war var if IC the banking problems I confronting the United States today were to be bo studied In tho the light lI hl of the worlds experiences experience and with any an satisfactory knowledge e of or existing con conditions conditions In tho the United States Slates It h was wan n I to enter upon ullon a n series serle of ot In Investigations In Investigations much more thorough and than had over been made before and to postpone any at attempt attempt tempt to formulate a n plan for or rear reorganizing reorganizing the thc system until this Invest Investigation investigation gation had been completed SOUGHT ONLY ONIA FACTS The commission lids has sought Bought to secure se lIe secure cure CUl the tho facts concerning the existing systems of or banking and currency lit li lithe tho the leading commercial nations of ot thu world It has hns secured o 0 Information from rout England Germany German France Switzerland Sweden Belgium and Japan Javan and und has hall Jn Lm addition scour secured ed td considerable material with regard to banking In Mexico Austria Hungary and Holland The list of ot pub puh publications publications which has lias recently been given to the public conveys comers an Im Impressive impressive picture of the substantial way In lu which this effort has been beon carried out jut and of o the tho encyclopedic scope of oC the lie commissions investigations In each of or the leading countries the endeavor was also made mado to secure tho the cooperation of ot tho the most competent financial experts In preparing reports covering their history and current banking practise practises The list of or collaborators collaborator includes Include the names of the he editors of or most of or tho the worlds leadIng ending financial Journals as well as an imposing roll of or university experts on bonking banking and finance In France Ger Germany Germany Germany many England Italy Ital and other countries as well sell as the United States Slates In England the tho commission secured contributions from rom such men menas menas menas as Francis v Hirst the tho editor of ot the tho London Condon Economist Harney Withers financial editor of or the London Times TIme George Georgo editor of or The Sit Sir li n H Inglis the distin distinguished distinguished authority on banking and editor of ot the tho London Bankers Mag Magazine azine Prof Prot H S Foxwell of the London school of ot economics Mr Robert lobert Martin Holland honorable sec secretary rotary of or the clearing ele house and oth others ers rs ersIn In France tho the commission secured ho tho assistance of oC recognized tics les such fluch as ns Andre the tho dis distinguished distinguished economic writer and professor pro fessor In tho the Conservatoire des les Arts Artst et t Albert the tho head of or orthe the ho archives of or the Bank Dank of ot France Alfred the editor of ot Le E Vidal editor of f La Ln Cote Cole de la Banque Banquo et de do la laBourse laBourse a Bourse M l Lefevre head of or the archives of ot the Credit Lyonnais and others thors Each of ot these authorities has under the direction of or the commission treatises covering some Inert vart of ot the history practical operation or r statistics of or French banking the tho several treaties being arranged so as os to present a complete completo picture of oC tho the banking system of or France GERMAN GER IAN BANKING LITERATURE In Jn Germany where abundant liter literature ture covering the various phases of or oftie ortho tins tho tie banking was already ex cx existent existent the commission followed toll owed the tho plan ot of f selecting a series of ot volumes for lor translation having papers pa rs specially prepared only In iii the case caso of those l sub subjects gl hl al alered which had not already a been cov covered ered red by German writers These translations trans translations lations will Include the an anniversary volume of or the published In Berlin in 1000 lOW and a great number umber of or tho the more recent articles per pertinent pertinent to the discussion of or the pending renewal of or the charter In Inasmuch Inasmuch Inasmuch as tho the worldwide panic of ot 1907 and nd the pending renewal of oC tho the bank ank charter had resulted in to the ap of or a parliamentary commis ilon slon In Germany to study stud possible ro 10 forms In the banking laws Ios of that coun country tr try ry the tho stenographic report leport of ot the discussions of ot that thal German commission havo ao b been en cn translated and Will be made mado available to the American public In a series cries of or volumes In addition to thc these theo theotho o oho ho tho commission has hns translated mano mono and ond articles by b Doctor Koch the late ate president r e of the h i Prof I the famous u economist c i of Ingon and by such au au authorities upon German Gorman bonking banking tin IR Hecht lecht Hermes Mueller Breslauer and Franz covering tho the history and organization or of f the several kinds ot of banks peculiar to o Germany German Moreover cr Doctor former ormer president of or tho Bank fur Han Hanoi Handel Handel del oi und and IndustrIa and president of ot the tho German Bankers ankers association has pre pie prepared pared specially especially for tor the tho commission a n anew new tew edition of ot his authoritative work upon tho the great Gorman German I banks which Is also being translated for tor or publication UNITED STATES REPORTS With Ith regard to the United States of or an n especially comprehensive group volumes has been gotten under way WilY wayA A v series of Qt reports and answers to Inquiries has been b en collected by the com cont commission mission from nearly banks throughout the tho country a far larger arger number umber than over reported heretofore to o any government nt Investigation and these th reports have haC been beon carefully sum aum At tho the same time the tho various clearing tearing house associations of ot the coun country country country try the leading financial Journals such Hueh os as 8 the thc Commercial and Financial Chronicle tho tiro state bank banic supervisors and nd many man other othor Individuals and institutions have contributed m to n a 1 volume of ot which Includes n nur fig figures of ot modern dern ur ures UIS s covering every phase m American other out OUd and useful m volume will contain all of oC the laws law of ot the t c United States con concerning concerning money banking and Uld loans by h Congress since the lounda lion Ion of ot the republic Two other vol volume volumes ume umes i will alit contain tho the first complete digest which has bus ever been b en made of the life laws aws with regard to bunking current In n the various states Tho The commission as us soon noon oa as practicable able will print a u limited edition of oC these hese volumes olum and hopes that Congress will viii soon noon authorize o their general publication publication publication cation and and will pro provide provide provide vide for their sale ilc at mO prices through the superintendent of ot docu doeu meats melita The Tho commission In ht fact urgently urgently In expresses the thc hope that bankers banker men and amI financial students o or of every cry sort will take advantage of ot the opportunity thus offered to study the condition conditions and experiences of ot other countries aji at well as us their own and u l will co Cooperate with the tho commission comm lon In III devising a banking system more worthy worth of ot America 11 position p In the tho world and bettor bottor adapted for tor the tho suc successful utilization of or her great rc re r sout ees |