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.

I concur in Judge Carter's views.

WILLIAM P. MACCRACKEN, JR., Illinois.

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, issue of 1915, due 1960, 41 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 44 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.

NAME

PRESIDENT.

SECRETARY.

tion. Bar Association of Ar- W. F. Coleman, kansas. California Bar Asso- Bradner W. Lee, ciation. Los Angeles. Colorado Bar Associa- George C. Manley,

Alabama State Bar As W. O. Mulkey,

sociation. Arizona Bar Associa- Joseph H. Kibby, J. E. Nelson,

Phoenix.

Roscoe R. Lynn,

Alexander Troy,

Geneva.

Montgomery.

Phoenix.

Pine Bluff.

Little Rock.

T. W. Robinson,

tion.

of Connecticut. Bar Association of the Leon Tobriner, District of Columbia.

Los Angeles. Robert G. Bosworth, Denver.

State Bar Association A. Heaton Robertson, James E. Wheeler,

New Haven. Joseph T. Sherier,

Denver.

New Haven,

Washington.

Washington,

Atlanta. Bar Association of the Sanford B. Dole, Hawaiian Islands. Honolulu. Idaho State Bar Asso- James F. Ailshie, Coeur d'Alene. Illinois State Bar Asso- Silas H. Strawn,

Macon.

Albert M. Cristy,

Honolulu.

Sam S. Griffin,

Boise.

ciation.

sociation.

Indiana State Bar As Charles M. McCabe, Crawfordsville. lowa State Bar Asso- Jesse A. Miller,

ciation,

Bar Association of the Ben S. Gaitskill,
State of Kansas.
Kentucky State Bar As- Wm. W. Crawford,
sociation.
Louisville.

R. Allan Stephens,
Danville.
George H. Batchelor,
Indianapolis.

Iowa City.

W. E. Stanley,

Wichita. J. Verser Conner,

Louisville. Wm. Waller Young, New Orleans. Norman L. Bassett, Augusta. J. W. Chapman, Jr., Baltimore. Frank W. Grinnell, Boston.

sociation.

Louisiana Bar Associa- J. Zach. Spearing,
tion.
New Orleans.
Maine State Bar Asso- Charles W. Hayes,
clation.
Foxcroft.
Maryland State Bar As- S. H. Lauchheimer,
sociation.
Baltimore.
Massachusetts Bar As- Addison L. Green,
Holyoke.

Michigan State Bar As- William W. Potter, sociation. Lansing.

Chicago.

H. C. Horack,

Des Moines.

Girard.

New York State Bar William D. Guthrie,
Association.
New York.

LeRoy W. Loder,
Bridgeton
John R. McFie, Jr.,
Gallup.
Fred'k E. Wadhams,

Albany.

North Carolina Bar As- John A. McRae,

Henry M. London,

Charlotte. of Tracy R. Bangs,

Raleigh.

John E. Greene,

North Dakota.
Ohio State Bar Asso-

ciation.

Grand Forks.
Curtis E. McBride,
Mansfield.

Minot.

sociation.

Oklahoma State Bar As- Preston C. West,

sociation.
Oregon Bar Association. Harrison G. Platt,
Portland.

Pennsylvania Bar As- A. M. Holding,
West Chester.
Rhode Island Bar Asso- Richard B.Comstock,
Providence.

ciation.
South Carolina Bar As- Charles Carroll Sims, C. S. Monteith,

sociation.

South Dakota Bar As- Perry F. Loucks,

Columbia.

Barnswell.

sociation.

Watertown.

Bar

Association

of Elias Gates,

Tennessee.

Memphis.

John H. Voorhees,
Sioux Falls.
C. Raleigh Harrison,
Knoxville.

Texas Bar Association. Richard Mays,

Ben F. Wilson,

Corsicana.

State Bar Association W. D. Riter,
of Utah.
Vermont Bar Associa-

Salt Lake City.
John W. Redmond,

Houston. Harold B. Fabian, Salt Lake City.

George M. Hogan,

tion.

sociation.

Association.

of Wisconsin.

Association.

Bar Association.

Newport.

Virginia State Bar As- Armistead C. Gordon, John B. Minor,

Washington State Bar O. B. Rupp,

West Virginia Bar As- Douglas W. Brown,
sociation.
Huntington.
State Bar Association John M. Whitehead,

Wyoming State Bar John W. Lacey,

Far Eastern American Chas. S. Lobingier,

St. Albans.

Clyde M. Watts,

Cheyenne.

Cheyenne.

Earl B. Rose,

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.

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.