New-York tribune., 1909-12-13
A BANKING LIBRARY
COTERS THE WORLD.
Toludblc Works To Be Pub
Eslod bv Monetary Com mission

washington. Dec I2-Information Of
.rlue 20 the financial world and 20 al
students Of economics. regarding the none
rsry and banking systems OF an the civil
fsrod nations. including the United States,
w1u be made available in the coming wear
.hrouEh score or more of volumes pre-
pared by the leading authorities in Amer
scs. England and Europe. and TO be pub
ushed under the auspices OF the National
Monetary Commission. II VIII ccr~titut. q
library OF banking without parallel in the
literature % any country. and viii supply
~hsx is 81 present practically an absolute
lack OF information IN the English Ian
ruage regarding the development during
reoent years OF the financial systems OF the
world.
The Monetary Commission tonight issued
o statement outlining the scope Of the forth
coming publications and the exhaustive in
ves-garion which resulted in the oornpils-
rior OF the material The commission
rrg.s al bankers. business men and stu
dents of finance 10 svan themselves Of the
opportunity thus offered 20 study the con-
oirons and experiences of otner countries
ss wen as % the United States
The commission hss sought 70 secur. the
facts concerning the existing systems o.
banking ana currency in 1hs leading com
erred comprehensive information from
EnCland, Germany. France, Switzerland,
sweden. Belgium and Jspan. and. in addi-
rion. considerable material with regard 20
banking IN Mexico. Russia, Austria Hun
carv and Holland. The mst o. publica-
toEs given 70 the public conveys an i'm
pressive picture o the substantial wsy in
which This ec1ort has been carried out and
of the encyclopaedia scope OF the commits
sion = Investigations
BANKING ~ EUROPE.
one of ths early volumes 70 be published
-hich VII contain material ct the greatest
practical interest rs a volume of inter
views held by representatives Of the com
mission IN ne leading countries OF Europe
IN the summers OF 1873 and 1919 with the
managers or directors OF most OF the large
hanks in England. France. Germany.
Switzerland, Itsiy and Scotland They con-
stiturs 4 volume CT more than 500 pages
covering n9t so much The banking legisla-
ZION q these countries, which hao often
been treated before. but the actual prac-
-ices and customs governing the operations
q re different sorts Of banks.
For England there is & transcript ot
interviews held with the governor and
directors o. The Bank OF England and With
such as The London city and Midland, IN.
Urioa ot London ana Smiths. the London
and Westminster. and PARIS Bank. and
virh the heads Of discount companies and
merchant houses.
IL Berlin similar interviews were held
vith the officers Of a dozen different
varieties o. banks, including the president
snd directors OF the Reichsbank, the great
credit banks. Ike the Deutsche Bank. the
presdner sank. ana the Diskonto Geseu-
sclsfL. The various kinds Of mortgage
bsnks. the different sorts OF cooperative
credit organizations. savings banks. prf-
vsre ranks. etc.
TIE conferences IN Paris we're OF similar
SCOPE. including the Bank of France. the
great credit societies. the government
uo--Eags bank. the agricultural credit So
ci-ties. the savings hanks. eJc.
Tn each OF the leading countries the en-
6esvor was also made 70 secure the CO.
operation OF the most competent financial
svper-s IN preparing reports covering their
barking history and current banking
practices. The list of cola borarcrs in
elgdes tie names oc the editors OF most OF
the worlds leading financial journals as
SCI a. an imposing roll OF university ez-
perts or banking and finance IN France.
Ge-nsry. England. Italy ana other
countries. as well az the United States
IN England the commission secured con-
rri1urions from such men as Francis W
Ei-st the editor ot ''Th, London Econom-
isr- Hartley Withers. financial editor Of
The London Times: George Psish. editor
- The suarist". Sir r. II Inglis Pal
E-aTe, TIE distinguished authority On
banking ana edircr OF The London Bank
srs Magazine. Prof II 5. Foxvsf. ot
roh
Martin Holland. secretary Of the Clearing
House and others.
N France the commission secured Che as
E.sJance Of recognized authorities. such as
Au1rs Llssse. the distinguished economic
ur--er and professor IA the Conservstoirs
ces Arts e Meters: Albert Aupefft- the
lesd II the archives Of the Bank OF France;
Alfred Eeymsrck. the vel known editor OF
II Renter. Z. Vidal. editor O. La Cote
o. Ia Bsncue II de Ia Bourse". -. Lefeyre,
mead 81 tie archives Il The credit Lyon
na-s sud Others. Each of these authorities
has prepared. under the direction OF the
Commission. tresrises covering some part Of
the history. practical operation OF statistics
o. French barking. The several trestises be-
nc arranged 50 as 10 present a complete
picrure OF rhe banking system Of France
m Germanv- where abundant literature
covering Tie various phases OF The coun-
- banking was already existent the
oc-- --rl-s-ton followed the plan Of selecting q
series - volumes for translation. having
papers specially prepared only IN she case
o. those subjects which had not already
l.een covered bv German writer's. These
t-a-slsri1ns Vfll include the tventy-fifth
a-rlr@rssry volume Of tho Reichsbsnk,
Published I'm Berlin IN lss. and great
Number of rhe more recent articles peril
nHrr 20 the discussion of the pending re-
neVa- of the Reichsbank charter. Inas-
much as the worldwide panic of leg7 and the
pending renewal of tne Reichsbsnk charter
Hao resulted ir tho appointment OF par
'llr1suLsrv commission IN Germany 10
st1cy possible reforms IN the banking Laws
- thar country. the stenogrs phic reports
= me discussions Of that German counmis-
son nave been translated ana viii Dc made
available 20 the American public In = series
p, volumes. IN addition 20 these the com
mission hss translated monographs snd
srucies BY Dr.. Koch. the late president %
re R-tchsbsnk. Professor Lexis. the IA
ro-s economist a GottinEen. and other
vel knoVa AUTHORITIES on German bank
nF
Canadian banking has received particu-