Abstract
The 1D Hubbard model is shown to be an exactly integrable system. A "covering" model of 2D statistical mechanics which I proposed recently was shown to provide a one-parameter family of transfer matrices, commuting with the Hamiltonian of the Hubbard model. I show in this work that any two transfer matrices of a family commute mutually. At the root of the commutation relation is the ubiquitous Yang-Baxter factorization condition. The form of the R operator is displayed explicitly.