The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1897-09-17

try and during the past few years his
writings upon financial questions, have
attracted worldwide attenti on. He was
for a number of years president of the
Manufacturer Insurance company of
Philadelphia and there made a record
as careful conservative and a sue
cessful business man. He left this po-
Siti n 10 take the chair of pol teal econ
orny in the Chicago university some
years ago and has since been engaged
in that work. Mr.. Garnett is regarded
as the most eminent authority on the
Pacific coast in matters of finance and
currency. He organized the service of
the San Francisco mint and spent many
years in it. At the close of this service
he spent some years abroad IN travel
and study of financial and economic
questions. Returning to San francisco,
he organized the great reduction works
known the Selby smelter, with
which he has since been connected. He
made some valuable contributions to
the literature of finance and is much
consulted by the large business inter
ests of the Pacific slope. Neither he
nor Prof. Laughlin are men of wealth,
commission. none of whose members
are compensated, they make consid-
cradle personal sacrifice.
The commission as completed by these
app intnaents is composed as follows:
Ex-senator George F. Edmunds. of
Vermont; : Charles F. Fairchild, of New
York, eX-secretary of treasury; G. Stu
art Patterson, of Philadelphia, who was
president of the monetary convention
last January; J. w. Ferries, of Salem,
North Carolina, at the had of the great
cotton industry that bears his name;
r. G. Bush, of Admission, Ala, president
Of the Mobile and Birmingham railroad
and largely interested in iron in Ala
bama; George E. Luston, of st. Louis,
retired manufacturer; w. 3. Dean, of
St. Paul, wholesale hardware merchant;
r. s. Taylor, of FIT. Wayne, lawyer;
Louis A. Garrett. of San Francisco:
Prof. ]. L. LaughIin, of Chicago; Stuy-
vesant Fish, of New York.
While no attention was paid to the
political leanings of the men chosen for
the commission it happens it contains
six Republicans and five Democrats.
There was, however. much care given
to the question of geographical repre-
Sentation, and the distribution of the
commission in different lines of bust
ness. Senator Edn1unds was taken as
representative of the country at large
and of the other members of the COM
mission, three are from the east, two
from the south, one from the Pacific
coast, one from the northwest, one
from the southwest and two from the
central west.
The commission has been called to
meet at the Arlington hotel in Wash
ington September e. A call has been
issued for the executive committee 10
meet at the same time and place and It
is expected to begin the work for which
the commission was appointed at once.
It will make a thorough investigation OF
the currency question in all its phases
! The executive committee VIII bring
before it experts and historical and
81 at stical data gathered from ali parts of
the world as we'll as a great many pop
ular suggestions that have been receiv-
ed from individuals and organizations
throughout the country.
1t is the desire of the commission and
| the executive committee that the people
generally should contribute whatever
sugges tiors or evidence they have upon
the subject and all such matter mailed
to the Monetary Commission at
Washington will be given careful con-
side alton.
The monetary convention, out of
which the commission grew laid down
| three points of sound finance and upon
| this platform the report of the commits
| sion to congress will be based. The
| principles contained in this declaration
| We're that the present gold standard
should be maintained; that steps should