Jasper County Democrat, Volume 11, Number 58, Rensselaer, Jasper County, 23 December 1908 — WALL STREET TO SO UNDER PROSE [ARTICLE]

WALL STREET TO SO UNDER PROSE

Governor Hughes Orders Methods Investigated. HE NAMES A COMMISSION To Inquire Into the Facts Surrounding the Business of Exchangee In New York and to Suggest “What Changes, If Any, Are Advisable In the Laws Bearing Upon Speculation In Securities and Commodities or Relatng to Protection of Investors." Albany, ft. Y., Dec. 15. —Governor Hughes has announced the appointment of a commission of nine, consist tag of bankers, business men and economists to inquire into the facts surrounding the business of exchanges in New YorlT and to suggest “what changes, if any, are advisable in the laws of the state bearing upon speculation in securities and commodities; or relating to the protection of investors; or with regard to the instrumentalities and organizations used in dealing in securities and commodities which are the subject of speculation.” The commission Includes Horace White, author and editor; Charles A. Schieren, merchant, formerly mayor of Brooklyn; David Leaventritt, former justice of the supreme court. Clark Williams, stale superintendent of banks; John B. Clark, professor of political economy in Columbia university; Willard V. King, banker, president Columbia Trust company; Samuel H. Ordway,lawyer, New York; Edward D. Page, member of the firm of Faulkner, Page & Co. of New York, and Charles Sprague Smith, director of the People’s Institute.