EXHIBIT 23.1



                       Consent of Independent Accountants
                       ----------------------------------

          We consent to the inclusion in this registration statement on
     Form S-3 of our report dated October 27, 1995, on our audits of the
     financial statements of Franklin Resources, Inc.  We also consent to
     the reference to our firm under the caption "Experts."



     COOPERS & LYBRAND L.L.P.

     San Francisco, California
     September 16, 1996