The Week.

This article reports on several political and economic developments. The International Policyholders' Committee has formed an organization which commands respect and must exert wide influence. If the men nominated for directors by this committee are of equally high standing, the election cannot but have a some effect upon both companies. Many policyholders will, on general principles, refuse to vote for trustees who are picked out by those now in power and are presumably friendly to them. According to another development, currency reform must still be preached, though it seems at present like crying in the desert. The economist Frank A. Vanderlip's address before the State Bankers' Association last week was made, not in the expectation, people presume, of any immediate reform, but in the hope that repeated warnings may prepare the public mind for action when an acute crisis comes.