MARKETS: Tribunes of the People

Not quite a year ago, the then president of the New York Stock Exchange, Charles R. Gay, yielding to the demand of SEC Chairman William O. Douglas, started looking for a man to serve on a committee to revamp the Exchange's constitution. He picked a nonmember industrialist whose company was listed on the Big Board—Chairman Carle Cotter Conway of Continental Can Co. The recommendations of the Conway Committee eventually became the basis for the spectacular reform of the world's chief market place (TIME, Feb. 7, et seq.). Last week upon the nomination...

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