Supervision of Security Issues by the United States.

This article focuses on the problem of supervision of security issues by the United States. Serious consideration came up during the start of the war about what supervision the federal government should exercise over the issuance of new securities in the United States. Great Britain had met her problem in this respect by the appointment of capital issues committee. Under the general direction of the British treasury, this committee was organized and started its operations in January, 1915, coincident with the reopening of the London Stock Exchange.