Page:Stabilizing the dollar, Fisher, 1920.djvu/329

. 3] York; Leo S. Rowe, formerly Assistant Secretary of the Treasury; Roger W. Babson, Babson's Statistical Organization; John Hays Hammond, mining ngineer; Sir David M. Barbour, one of the originators of the Gold Exchange Standard introduced in India in 1893; Adolphe Landry, member Chamber of Deputies, Paris; Achille Loria, University of Torino, Italy.

From among the letters received from these and others I select a few quotations:

The American Economic Association Committee on the Purchasing Power of Money, consisting of economists who have chiefly worked in the field of Currency and Banking (i.e. Professor B. M. Anderson, Jr., Professor E. W. Kemmerer, Dr. Royal Meeker, Professor Wesley Clair Mitchell, Professor Warren M. Persons, and Professor Irving Fisher), studied the plan with care and expressed itself as follows:

"The Committee regards the stabilizing of the value of monetary units under international agreement as desirable and economically