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OF THE

FORTY-FIRST ANNUAL MEETING

OF THE

NATIONAL
BOARD OF TRADE

HELD IN WASHINGTON

JANUARY, 1911

PHILADELPHIA

JOHN R. MCFETRIDGE & SONS, PRINTERS. 927 ARCH

1911

LIBRARY

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321

1277

491147

By Transfer

APR 6 1917

Library of Congress

INTRODUCTORY NOTE.

The Business Men's Monetary Conference on January 18th, held under the auspices of the National Board of Trade, in connection with its Forty-first Annual Meeting, was an innovation to the extent that the entire day was devoted to the consideration of our monetary problem; and on the invitation of our President the representatives of a number of commercial organizations, not constituent members of the National Board of Trade, participated in the conference.

The Chairman of the meeting was Hon. C. Stuart Patterson, of Philadelphia, who was the Chairman of the Monetary Commission of 1897, and whose activity contributed much to create public opinion favorable to the enactment of the gold standard law of 1900.

The Monetary Conference was addressed by some of the leading financial experts of the country, among them were Hon. A. Piatt Andrew, Assistant Secretary of the Treasury; Hon. E. B. Vreeland, Vice-Chairman of the National Monetary Commission; Mr. Paul Warburg, of New York, and others.

The banquet in the evening was a most enjoyable occasion, and as Toastmaster, President LA LANNE was at his best. Responses were made by Ambassador James Bryce, Secretary of the Treasury MacVeagh, Hon. John W. Weeks, a member of the National Monetary Commission; Hon. J. Hampton Moore and Hon. Wilbur J. Carr, of the Department of State.

At the request of the National Board of Trade, the National Monetary Commission sent two complete sets of its publications to each one of 125 commercial organizations in 102 cities, located in thirty-two States of the Union and the District of Columbia. These publications consist of some forty documents; their voluminous character would naturally discourage the average business man from undertaking a thorough examination of them. For this reason, with the approval of representatives of the Monetary Commission, the announcement was made that a summary of each document would

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