The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1909-12-12


to those interested who write for it,
mentioning this paper.
MES and merchant houses. In Berlin
similar interviews were held with the
officers OF a dozen different varieties OF
banks, including the president and di-
rectOrs of the Reichsbank, the great
credit bank like the DeutsChe bank, the
Dresdner bank and the Diskonto &C.
sellschaft the various kinds of mort
gage banks, the different sort Of CO.
operative credit organizations. savings
banks, private banks etc. The confer
ences in Paris were of similar scope, in
Guiding the Bank of France, the great
credit societies, the government mort
gage bank, the agricultural credit so
cieties, the savings banks, etc.
Foreign Cooperation.
In each of the leading countries the
endeavor was also made to secure the
cooperation of the most competent
financial experts in preparing reports
covering their banking history and cur
rent banking practices. The list of col
labOratOrs includes the names of the
editors of most of the worlds leading
financial journals, as well as an impOs-
ing roll of university experts on bank
ing and finance in France, Germany,
England. Italy and other countries. as
well as the United states. In England
the commission secured contributions
from such men as Francis w. Hirst,
the editor of the London Economist;
Hartley Withers, financial editor of the
London Times; George Paish, editor Of
The Statist; Sir r. H. Inglis PalgraVe,
the distinguished authority on banking
and editor of the London Bankers Ma
gazine; Professor H. S. FOxwell of the
London School of Economics, Robert
Martin Holland, honorable secretary Of
the clearing house, and others.
In France the commission secured the
assistance Of recognized authorities
such as Andre Liesse, the distinguished
economic writer and professor in the
Conservatoire des Arts ct Meters; Al
bert Aupetit, the head Of the archives
of the Bank of France; Alfred Ney-
maTCk, the well known editor of lie
Renter; f. Vidal, editor of La Cote de
Ia BanQue ca de la BOuTse; NJ Lefevre,
head Of the archives of the Credit
LyOnnais. and others. Each of these
authorities has prepared, under the di-
rectiOn of the commission, treaties COW
ering some part of the history practical
operation or statistics of French bank
ranged so as to present a complete pic
ture of the banking system of France
German System.
In Germany, where abundant litera-
ture covering the various phases Of the
countrys banking was already exist
ent, the commission followed the plan of
selecting a series Of volumes for trans
latiOn, having papers specially prepared
q
had not already been covered by Ger
man writer's. These translations will in
clude the twenty-fifth anniversary vol
ume of the Reichsbank, published in
Berlin in 1900 and great number of the
more recent articles pertinent to the
discussion of the pending renewal of the
Reichsbank charter. Inasmuch as the
worldwide panic of 1907 and the pend
ing renewal of the Reichsbank charter
had resulted in the appointment of a
parliamentary commission in Germany
to study possible reforms in the bank
ing laws Of that country, the steno-
graphic reports Of the discussions of
that German commission have been
translated and viii be made available to
the American public in a series of vol
umes. In addition to these the commits
sion has translated monographs and ar
ticles by Doctor Koch, the late president
of the Reichsbank; Professor Lexis. the
famous economist of GOettingen: and by
such we'll known authorities upon Ger
man banking as Hecht, Hermes, SeldeI,
Schachner, Wittner Mueller. Breslauer
and Franz, covering the history and or
ganizatOn of the several kinds Of banks
peculiar to Germany. Moreover, Doctor
Riesser former president of the Bank
fur Handel ind Industrie, and presi-
H.
tiO1, has prepared especially for the
commission a new edition of his authori-
tative work upon the great German
joint-stOck banks, which is also being
translated for publication.
The subject of Canadian banking has
been given particularly careful attention
by the commission, and ROeliff NJ.
Breckenridge, whose work on the his
tory of Canadian banking. published a
dozen or more years ago, has long been
a familiar authority, has prepared for
the commission another volume bring
ing that history down to date At the
same time Professor Joseph French
Johnson. the dean of the school Of com /
merce Of the New York university, has
spent several months in Canada prepar- /
ing a study of the actual banking Gus /
toms and practices Of the Canadian /
banks.
In switzerland DR.. Julius Landmann, /
the secretary Of the Swiss National /
bank, has prepared for the commission /
a new edition of his authoritative work.
upon the Swiss banking law, which has /
been translated along with the text of /
the act of 1905 and abstracts of various /
articles and reports upon the operation |
of that act
In the case of Italy. Professor Carlo /
+. Ferraris of the University Of Padua. t
has prepared a history of banking in |
Italy. and Tito Canovai, the secretary /
OF the Bank of Italy, has prepared a /
monograph dealing with the reorgan- /
ization of banking in Italy which has 4
occurred during the last decade.
As regards the singularly interesting /
development Of banking in Japan during I
the last forty years, papers have been /
specially prepared by Marquis Katsura /
premier and minister Of finance; Baron 4
Sakatani. ex-minister Of finance; and /
Baron Takahashi, vice governor Of the 4
Bank Of Japan. !