The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1910-03-13
Secretary of Treasury Mac
Veagh Has Surrounded Him
self With Men Famous in
the College Game.
ALL. OF THEM AGREE
IT'S USEFUL SPORT
Say It Is a Game That Has
Made, and viii Continue to
Make, Leaders in Business
and Politics.
(By Sidney Espey)

wy S'dfSJ CSPCJJ
Washington, March 12-Succeedina
the tennis cabinet of the Roosevelt
administration. Secretary of the Treas
ury. Franklin MacVeagh, has selected
for his advisers body of men. who
have been facetiously termed in loca
financial circles, the football squad
They are not only young men, capable
of a great deal of hustle, but men who
have each scored success in the bust,
ness world as they did during their
college careers on the gridiron.
1t happens that each one of the un-
der secretaries of the treasury as we'll
as the treasurer of the United States
has been mmber of some star football
team, and several of them have been
leading figures in the greatest games
that have been played on the gridirOn
Although the members of the secreta-
rvs cabinet term as history the Cruel
ing mills that they have been through
as football players, they nevertheless
heartily approve of the strenuous game
and count it as one of the studies
that have made, and will make leaders
in the business world.
McCIung Yale Stars.
Foremost in athletic stunts among
the treasury officials is Lee McClung,
treasurer of the United States, who
started out in the world ~ years ago in
Knoxville. Tenn. After receiving a
common school education he matricu-
lated in Yale university. His gridiron
career in 1890 and 81 is still remem-
bered as one which brought renown to
captain for two years of the team as
we'll as captain of the baseball team.
After he left college he entered the en-
ploy of the St Paul. Duluth railroad
at St. Paul, Mimi, and in few years
became paymaster of the road He
later Joined Southern Railroad at
Nashville, Tenn, afterwards coming to
Washington as an assistant to Presi-
dent Finley. In 1902 he went to Louis
vile, Ky. as freight traffic manager
and two years later was appointed
treasurer of Yale college. The next
year he came to Washington. having
been appointed treasurer of the United
States.
His Duties Exacting.
Mr.. Meetings. duties are manifold
and exacting. He has charge of all
the monies in the treasury building at
Washington and in the various sub
treasures mints. and assay offices of
the country they are held in his name.
amounting to about S30o.000,W0. He
is only bonded for $1J0,000, which is
the same bond as was required Of the
first treasurer of the United States,
Michael Hilligas, in 1889. when the
treasury was practically empty and
government credit was extremely low.
During the course of the day his bu-
reau handles millions of dollars Re-
demptions of United States notes often
total S2,0OO.tOo day; redemption OF
national bank notes reaches the total
of 500, 900. The bonds held by the
treasurer to secure national bank cir
culation, together with government de-
posts kept in the treasury. equals 81.
100000. To secure general circula-
ton, st, 500 900 is kept on hand and Sc
curity for public deposits amounts to
SJo.G00 eco From the Bureau of En-
craving and Printing, S2,50o,o0o is
brought to the treasurers office daily
where it is stored Each bank note
brought from the bureau bears his
name.
Curtiss Harvard Star.
The second college man in the
SQUAD" is James f. Curtiss. thirty-two
wears old. who comes from Boston. He
spent three strenuous years in Harvard
on the football field and as a ball play
err and a golf champion. He arranged
oh Il
helped his team to victory over Yale
number of times. After his college
career he spent his time with a law
firm then as assistant district attor-
general at Boston and three ySars
as district attorney of Suffolk county.
Mass. and now as assistant secretary
. of the treasury. Mr.. NacNeash as
signed him TO look after the customs.
During the course of the year his Of
flee nets the United States government
a little over 81 100000 a day. He has
TO PASS upon every case of disputed
claims that come to the treasury de-
partment. requiring him to sign his
name as an endorsement, over 500
times day.
Morton Player at Amherst.
The premier or the treasury caol-
net is Charles NJ Norton. of Osh-
kosh, Wisconsin, who is thirty-nlne
years cid. He is the financial man or
the treasury. He entered the business
world through an insurance company
when quite a boy. but afterward at
tended Amherst College. graduating IN
1893. He was a star football player
in his junior year and was member
of the base ball team which establish
ed a record on the diamond. After
leaving college he engaged in literary
work, but gave that up to accept po-
sition as general agent OF the lnsur-
ance company with which he had been
previously identified. Last April he
was appointed Secretary Mc-Veagh's
fright hand man."
= His office deals with the comptroller
-