President Eisenhower's proposal last winter for a nonpartisan monetary commission to study the nation's financial system set Congress forthwith to courting reasons why a congressional committee could do the job and do it better. But even on that score a hitch arose; nobody in Congress could decide which committee qualified.
First to apply for the job of ferreting out fiscal failings was Texas Democrat Wright Patman, who proposed a House Banking and Currency subcommittee (headed by Patman) to look into the fiscal picture. He received Speaker Sam Rayburn's blessing, but little more. The House, which knows Patman as an easy-money...
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