A NECESSARY EVIL.
SPECULATION IN SECURITIES AND COMMODITIES. A COMMISSION'S REPORT. Received 17, (1.33 p.m. New York, June IT. Tlie committee appointed bv -Mr. Hughes (Governor of New York) 10 investigate speculittioii in securiticr* ainf commodities in New York, luis issued « moderate report declaring tlmt .speculation in >ome form is u necessary incident ill the productive operations of tlie country, tending to steady prices for the' merchant and manufacturer, lieing practically tantamount to an insuran :c. The committee recoinniends that the governors of exchanges should be. empowered to ii\" tlie price of any corneivd commodity and also to ipaas legislation to prevent pretended purchase or sale of securities for a customer or selling customers' securities for .brokers' own "benefit.
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Taranaki Daily News, Volume LII, Issue 120, 18 June 1909, Page 2
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119A NECESSARY EVIL. Taranaki Daily News, Volume LII, Issue 120, 18 June 1909, Page 2
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