Relatiun uf Ike Federal Government to Research 



13S 



Uiilted Stiitos, by J. O. Manson ; Notes oii Postal Savings Bank 

 Systems of Loading Countries. 



20. Misfellaiiious Articles, Iniliuliug Address by Senator 

 Aldrich on Work of National Monetary Commission; Dis- 

 count Systems in Europe, by Paul M. Warburg; Bank Accep- 

 tances, by Lawrence Merton Jacobs; Credit of Nations, by 

 Francis W. Hurst ; Trade Bureaus of the United States, by 

 George Paish ; Bank Loans and Stock Exchange Speculation, 

 by Jacob 11. Hollander. 



21. Statistics from United States, Great Britain, Germany, 

 and France, Including Statistics for the United States, com- 

 piled by A. Piatt Andrew ; Special Report from Banks of 

 United States, 1909; Statistics for Great Britain, Germany, 

 and France, 1867-lOOS, by Sir R. H. Inglis Palgrave, F. W. 

 Hurst, B. Breslauer, Robert Franz, Albert Aupetit and M. 

 Lefevre. 



22. Seasonal Variations in Demands for Currency and Capital, 

 by Edward W. Kenimerer. 



Zi. Financial Diagrams and European Bank Summaries, pre- 

 pared by A. Piatt Andrew. 



The great value of these studies was at once recog- 

 nized. That they influenced Congressional action in 

 the establishment of the Federal Reserve System that 

 followed and prepared public opinion to accept the 

 radical departure from j^ast jsractice that this system 

 represented, cannot be questioned. 



The Industrial Relations Commission Mas created by 

 act of August 23, 1912, which provided that it should 

 be composed of nine persons to be appointed by the 

 President of the United States by and with the advice 

 and consent of the Senate, not less than three of whom 

 should be employers of labor and not less than three 

 representatives of organized labor. The Act gave de- 

 tailed instructions to the Commission to inquire into 

 the general conditions of labor in the pruicipal indus- 

 tries of the United States, including agriculture; the 

 relations between employers and employees and other 

 collateral matters, and to seek to discover the under- 

 lying causes of dissatisfaction in the industrial situa- 

 tion and to report its conclusions thereon. The Com- 

 mission employed a staff of mvestigators, headed by 

 Basil M. Manly, held extensive hearings and reported 

 its findings in 11 volumes as follows (S. Doc. 415, 

 64th Cong., 1st sess., 1916) : 

 Industrial Relations Commission: Reports: 



Vol. 1. Final report of the Commission : Suggestions of ex- 

 pert witnesses regarding investigations ; Trade agreements in 

 collective bargaining ; Efficiency systems and labor. 



Vol. 2. Cloak, suit, and waist industry : Employment offices 

 and unemployment; American Federation of Labor, Socialist 

 Party, and Industrial Workers of the World ; Building trades 

 of New York City ; Industrial education, apprenticeship, and 

 administration of child labor laws ; State mediation and arbi- 

 tration of industrial disputes; Men's garment trades of New 

 York City. 



Vol. 3. Dock workers of New York City ; Department stores 

 of New York City; Industrial conditions and relations in 

 Paterson, New Jersey ; General industrial relations and con- 

 ditions in Philadelphia ; Cooperative plan of Philadelphia Rapid 

 Transit Company ; Metal trades of Philadelphia ; Industrial 



education, apprenticeship, and administration of child labor 

 laws; Glass and pottery industries. 



Vol. 4. Textile industry in Philadelphia; Women's garment 

 industries of Philadelphia ; Industrial conditions and relations 

 in Chicago ; Life and labor conditions of Chicago stockyard 

 employees; Conditions of employment of waiters and cooks; 

 Industrial conditions and relations in gold mining operations 

 at Lead and Black Hills, S. Dak.; Mining conditions and in- 

 dustrial relations at Butte, Mont. 



Vol. 5. Industrial relations and remedies. Seattle, Wa.sh. ; 

 General industrial conditions and relations in Portland, Oreg. ; 

 Open and closed shop controver.sy in Stockton, Calif. ; Seasonal 

 labor problems in agriculture ; Unemployment in California. 



Vol. 6. Labor conditions in construction camps ; Collective 

 bargaining in San Francisco ; Industrial accident compensa- 

 tion; General industrial relations and conditions in San Fran- 

 cisco ; Open and closed shop controversy in Los Angeles. 



Vol. 7. Smuggling of Asiatics ; Colorado coal minors' strike. 



Vol. 8. Colorado coal miners' strike (continued) ; Centraliza- 

 tion of industrial control and operations of philanthropic 

 foundations ; Further proceediugs relating to Colorado strike, 

 large foundations, and industrial control. 



Vol. 9. Further proceedings relating to Colorado strike, large 

 foundations, and industrial control (continued) ; Rockefeller in- 

 terests in Colorado ; Land question in the Southwest. 



Vol. 10. Laud question in the Southwest (continued) ; Com- 

 mercial telegraph companies; Pullman employees, Harriman 

 railroad system strike. 



Vol. 11. Conditions of labor on Pennsylvania Railroad ; Labor 

 and the law ; Pennsylvania State police ; Labor conditions in 

 Puerto Rico ; Index. 



The Joint Commission on Agricultural Inquiry was 

 cieated by concurrent resolution of June 7, 1921, and 

 ^vas composed of five Senators, three selected from the 

 majority and two from the minority party, appointed 

 by the President of the Senate and five Representatives, 

 three selected from the majority and two from the 

 minority party, apiJointed by the Speaker of the House. 

 Tliis Commission was instructed to investigate and 

 report on the causes of the then existing depression 

 in agriculture; the causes of the difference between the 

 prices of agricultural products paid to producers and 

 their ultimate cost to the consumer; the comparative 

 condition of industries other than agriculture ; the re- 

 lation of prices of commodities, other than agricul- 

 tural products, to such products; the banking and 

 financial resources and credit of the country, especially 

 a? affecting agricultural credits; and the marketing 

 and transportation facilities of the country. The re- 

 sults of the Commission's investigations were reported 

 to Congress in 3 volumes of hearings and 4 volumes 

 of reports (H. Rept. 408, 67th Cong., 1st sess., 1921) 

 the general titles of which were : 



1. Agricultural crises. 



2. Credit. 



3. Transportation. 



4. Marketing and Distribution. 



In addition to these very comprehensive investiga- 

 tions, Congress is constantly directing its standing 



