The algebra of observables for identical particles on a line is formulated
starting from postulated basic commutation relations. A realization of this
algebra in the Calogero model was previously known. New realizations are
presented here in terms of differentiation operators and in terms of
SU(N)-invariant observables of the Hermitian matrix models. Some particular
structure properties of the algebra are briefly discussed.Comment: 13 pages, Latex, uses epsf, 1 eps figure include