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the present provisions of our Constitution; but in view of the present wording of the Constitution as construed by the Courts, I strongly concur in the conclusion reached in the report, that in order to remove all doubt on the question it would be wise to have a Constitutional Amendment to the Federal Constitution that would fully cover the subject and leave no doubt as to the authority of the Government in this regard.

ORRIN N. CARTER, Illinois.

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I concur in Judge Carter's views.

WILLIAM P. MACCRACKEN, JR., Illinois.

H

REPORT,

OF THE

COMMITTEE ON FINANCE.. To the American Bar Association:

The Committee on Finance reports as follows:

This committee was created by resolution passed at the meeting of the Executive Committee held in Philadelphia on January 5, 1917, and by that resolution was charged with the power to invest funds of the Association when so directed by the Executive Committee.

Pursuant to such direction your committee purchased on January 31, 1917, the following securities : 10 Northern Pacific Railway Company prior lien railway

and land grant 4 per cent gold bonds due 1997. . 5. Pennsylvania Company consolidated mortgage bonds, e issue of 1915, due 1960, 44 per cent. 5 Illinois Central Railroad Company 4 per cent gold bonds

of 1952. Your committee paid for said bonds the sum of $19,568.75.

Thereafter upon like authority your committee invested $15,000 in 45 per cent Liberty Loan coupon bonds, which securities aggregating $34,568.75 are still held by the treasurer.

All of the aforesaid bonds are registered in the name of the American Bar Association.

· FREDERICK E. WADHAMS,

JAMES R. CATON,

P. A. WILLCOX. August 31, 1921.

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ME.
PRESIDENT.

SECRETARY.
Alabama State Bar As- W. 0. Mulkey,

Alexander Troy, sociation.

Geneva.

Montgomery. Arizona Bar Associa. Joseph H. Kibby, J. E. Nelson, tion.

Phoenix.

Phoenix. Bar Association of Ar. W. F. Coleman, Roscoe R. Lynn, kansas.

Pine Bluff.

Little Rock. California Bar A880- Bradner W. Lee, T. W. Robinson, ciation.

Los Angeles.

Los Angeles. Colorado Bar Associa- George C. Manley, Robert G. Bosworth, tion.

Denver.

Denver. State Bar Association A. Heaton Robertson, James E. Wheeler, of Connecticut.

New Haven.

New Haven. Bar Association of the Leon Tobriner, Joseph T. Sherier, District of Columbia.

Washington.

Washington. Florida State Bar Asso. C. 0. Andrews, Herman Ulmer, ciation.

Orlando.

Jacksonville. Georgia Bar Assocla. Arthur G. Powell, Harry S. Strozier, tion.

Atlanta.

Macon. Bar Association of the Sanford B. Dole, Albert M. Cristy, Hawaiian Islands.

Honolulu.

Honolulu. Idaho State Bar Asso. James F. Allshie, Sam S. Griffin, clation, Coeur d'Alene.

Boise. Illinois State Bar Asso. Silas H. Strawn, R. Allan Stephens, ciation.

Chicago.

Danville. Indiana State Bar As. Charles M. McCabe, George H. Batchelor, sociation. Crawfordsville.

Indianapolis. lowa State Bar Asso. Jesse A. Miller, H. C. Horack, clation,

Des Moines.

Iowa City. Bar Association of the Ben S. Gaitskill, W. E. Stanley, State of Kansas.

Girard,

Wichita. Kentucky State Bar As- Wm. W. Crawford, J. Verser Conner, sociation.

Louisville.

Louisville. Louisiana Bar Associa- J. Zach. Spearing, Wm. Waller Young, tion. New Orleans.

New Orleans. Maine State Bar Asso- Charles W. Hayes, Norman L. Bassett, clation.

Foxcroft.

Augusta Maryland State Bar As. S. H. Lauchheimer, J. W. Chapman, Jr., sociation.

Baltimore.

Baltimore. Massachusetts Bar As Addison L. Green, Frank W. Grinnell, sociation.

Holyoke.

Boston. Michigan State Bar As. William W. Potter, E. R. Sunderland, sociation.

Lansing.

Ann Arbor Minnesota St Bar W. D. Bailey,

Chester L. Caldwell, Association.

Duluth.

St Paul, Mississippi State Bar Gabe Jacobson. Fred M. West, Association.

Meridian.

Jackson. Missouri Bar Associa- Francis M. Curlee, Kenneth C. Sears, tion.

St. Louis.

Columbia

Montana Bar Associa. Edwin K. Cheadle, Burton R. Cole, tion.

Lewistown.

Lewistown. Nebraska State Bar As. Alfred G. Ellick, Anan Raymond, sociation.

Omaha.

Omaha Nevada Bar Associa. Benj. F. Curler, L. D. Summerfield, tion.

Reno.

Reno. Bar Association of the Reuben E. Walker, Jonathan Piper, State of New

Concord.

Concord. Hampshire. New Jersey State Bar Harvey F. Carr, LeRoy W. Loder, Association.

Camden.

Bridgeton New Mexico Bar Asso- H. M. Dow,

John R. McFie, Jr., ciation.

Roswell.

Gallup New York State Bar William D. Guthrie, Fred'k E.Wadhams, Association.

New York.

Albany. North Carolina Bar As. John A. McRae, Henry M. London, sociation.

Charlotte.

Raleigh. Bar Association of Tracy R. Bangs, John E. Greene, North Dakota. Grand Forks.

Minot. Ohio State Bar Asso. Curtis E. McBride, J. L. W. Henney, ciation.

Mansfield.

Columbus. Oklahoma State Bar As- Preston C. West, W. A. Lybrand, sociation.

Tulsa. Oklahoma City. Oregon Bar Association. Harrison G. Platt, Albert B. Ridgway,

Portland.

Portland. Pennsylvania Bar A8- A. M. Holding, Harold B. Beitler, sociation.

West Chester,

Philadelphia. Rhode Island Bar Asso. Richard B.Comstock, Elisha C. Mowry, ciation.

Providence.

Providence. South Carolina Bar As. Charles Carroll Sims, C. S. Monteith, sociation.

Barnswell.

Columbia. South Dakota Bar As. Perry F. Loucks, John H. Voorhees, sociation.

Watertown.

Sioux Falls. Bar Association of Elias Gates,

C. Raleigh Harrison, Tennessee.

Memphis.

Knoxville. Texas Bar Association. Richard Mays, Ben F. Wilson,

Corsicana.

Houston. State Bar Association W. D. Riter,

Harold B. Fabian, of Utah.

Salt Lake City. Salt Lake City. Vermont Bar Associa. John W. Redmond, George M. Hogan, tion.

Newport.

St. Albans. Virginia State Bar As. Armistead C. Gordon, John B. Minor, sociation.

Staunton.

Richmond. Washington State Bar O. B. Rupp,

W. J. Millard,
Association.

Seattle.

Olympia West Virginia Bar As- Douglas W. Brown, Austin V. Wood, sociation,

Huntington.

Wheeling. State Bar Association John M. Whitehead, Gilson G. Glasier, of Wisconsin.

Janesville.

Madison. Wyoming State Bar John W. Lacey, Clyde M. Watts, Association.

Cheyenne.

Cheyenne. Far Eastern American Chas. S. Lobingier, Earl B. Rose, Bar Association.

Shanghai, China. Shanghai, China.

MEMORANDUM OF SUBJECTS REFERRED TO

COMMITTEES

EXECUTIVE COMMITTEE. Concerning marking the grave of former Chief Justice Salmon P. Chase.

Resolutions concerning suitable meeting place for future annual meetings.

MERO

MERCIAL I

COMMERCE, TRADE AND COMMERCIAL LAW. Concerning bill in Congress to provide for payment of interest of judgment against United States.

SPECIAL COMMITTEE ON LAW ENFORCEMENT. Consideration of subject-matter of addresses of Messrs. Beck, Whitman, Kavanagh and Rosser.

PATENT, TRADE-MARK AND COPYRIGHT LAW. Resolutions concerning establishment of a Court of Patent Appeals.

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