New-York tribune., 1910-09-04
HADlEY HEADS STOCK
AND BOND Commission
President Taft Announces Ap-
pointments After Starting
for st. Paul.
CONFERENCE WITH HUGHES
Governor on Train-Dr. Had
ley's Associates Are Messrs.
Judson, Strauss, Fisher
and Meyer.

Taft announced this afternoon his ap-
pointn1ents TO the new stock and bond
commission which will investigate the
question OF bringing future issues OF
railroad securities under the super
vision and control of the Interstate Com
naerce Commission. The announcement
was made shortly after the President
left Boston for St Paul. where he VIII
sneak before the National Conservation
Congress on Monday.
DR. Arthur T. Hadley. president of
Yale University is named as chairman
of the commission. The other members
are Frederick \. Judson, of St. Louis:
Frederick Strauss. of New York; Walter
I. Fisher, of Chicago, and Professor B.
H. Meyer. of Madison, Wis. The Presi-
dent is particularly gratifed at obtain
ing the consent Of all these to serve.
More than two hundred names were
suggested TO him and carefully consid-
cred before he arrived al a final choice.
Both Conservative and Progressive.
Nj Taft regards the commission as
representative both Of conservative and
progressive thought IN railroad regula-
ton II there should be a classification
along these lines he would probably
place Messrs. Judson and Strauss with
the conservatives and Messrs- Fisher
and Never with the progressives. leav-
ing Chairman Hadley as the impartial
referee. The commission will begin its
work at once. although delay in obtain
, ing the acceptance of some OF the mem
bers has made II impossible 10 hope that
= report can be submitted to the coming
short session Of Congress. President
Eadley will sail for Europe soon to
study methods abroad The remaining
members Of the commission are soon TO
loe IN Washington.
The Presidents train had hardly pulled
out Of Boston to-day before he was in
the thick of series OF political confer
erces Representative Washhurn. Of
Massachusetts, Vas his guest from Bos-
tor TO Worcester. Senator W. Murray
Crane. his most intimate political ad
viser. boarded the train here TO ride to
Pittsfeld which is the nearest stop to
the Senator's home, at Dalton. Gov
c-ror Hughes of New York rode from
Fitts6eld 70 Albany.
Senator Crane See. President.
Senator Crane had not seen the Presi-
eert for some weeks. ana consequently
had long report to make or political
conditions in general. Governor Hughes
brought = welcome opportunity for
conference on forthcoming appointments
70 the Supreme Court The Governor
has ALREADY been confirmed as an asso-
ctate Justice. and IS regarded as the
leading candidate for chief Justice
Regs riding the work Of the new stocks
ard bonds commission. II was stated to-
night that their Investigation will be
thorough The President feels that the
standing Of the commission members in
their respective communities is an earn
est Of what may be expected Of the
report they viii make
Mr- Judson is a graduate of vale. the
author Of several books on lsT. taxa
ton and interstate commerce. and in
1890 acted as special counsel for the
United States in the prosecution Of the
Atchison. Topeka & Santa Fe Railroad
Company and the Colorado Fuel and
Iron COMPANY for giving ard requiring
rebates
Strauss New York Banker
Frederick Strauss, economist and
banker IS member of the firm of Selig-
man 6. Co. Of New York City.
Walter I. Fisher, Of Chicago, was at
torney for that city in the settlement Of
the Chicago traction dispute. which in
volved the delicate readjustnent Of a
complicated situation, whereby all the
underlying securities OF the various
street railway companies Of Chicago
were taken up, exchanged for new Sc
oUrities and the companies themselves
consolidated He Is also regarded as the
author Of the plans whereby Chicago
and the street railways divide profits
He has been president Of the CITY Club
Of Chicago and is vice president Of the
National Conservation Commission.
Professor B H. Meyer, Of Madison,
Wis has the chair OF political economy
At the University Of Wisconsin is chair
man Of the Wisconsin Railroad Com
mission. an expert special agent for the
Census Bureau and is in charge for the
Interstate Commerce Commission of
physical valuation Of railroads As an
author on railway matters in general he
Is well known
Major Charles Hine one Of the bust
ton for the last few weeks to study new
economies in the government depart
naents. accompanied the President from
here 10 Pittsfeld and had long talk
with him. The President is travelling in
the private car Mayfower. which he
used on his long trip through the West
last fall. With him are Secretary Nor
ron and Captain 4. ". Butt his military
AID Several newspaper men occupy a
car ahead
A crowd Of several thousand persons
stood in the rain here for an hour await
ing the President, and gave him a noisy
and demonstrative welcome when he ar
rived The noise of 4 band playing
Hail TO the Chief" and the sound Of
cheering soon brought The President 70
the rear platform Of his car ~here he
stood for two minutes before the cheer
ing ceased. Mayor Lathrop Senator
Crane and Representative Gillette then
climbed aboard the car. and the Mayor
spoke a formal word Of welcome and in
PRODUCTION
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