Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1912-11-14
Resignation Of U. S. Off,
CiaI an Echo of An
drew Case.
PLACE FOR THOMPSON
Relations With Secretary Mac
Veagh Prevent Harmonious
Cooperation.

Washington, Nov. Il. - Announce
ment of the resignation OF Lee Nc
Clung as treasurer OF the United
States was made by the president to-
day. The president said McClung re-
signed voluntarily. II is believed Car
mi Thompson, private secretary to
Taft, will succeed him.
II is rumored the resignation was a
result OF continued friction with Sec
retary MacVeagh. McClung was one
Of the treasury officials named by AS
sistant Secretary Andrew as having
been In continued controversy with
Macy eagh when Andrew declared the
secretary and his associates were not
in harmony. McClung was a noted
Yale football star and has been treas
urer OF Yale university.
Tne appointment Of Thompson to
succeed him will be followed, it is be
lieved. by the immediate return of
Charles d. Hilles TO the White house
as secretary 20 the president
TAFT sUSTAINS SECRETARY.
President Taft has sustained the po-
stion Of Secretary MacVeagh in all
affairs connected with the admins
tration OF the treasury department.
lie took special pains to give out n
batch OF letters written 70 him and
Secretary MacVeagh by officials OF the
department who had been directly or
indirectly involved by the Andrew
statement all of them denying in un.
measured terms that they ever had
cause to complain Of their treatment
at the hands of their chief and that
they. as charged, regarded him as
unqualified for his place.
Mr.. McClung, however, never was
seen nj to join his fellow officials by
communicating any disapprobation of
the charges made by Mr.. Andrew. His
failure TO do this was the more notice
able because his name had been used
specifically by the late assistant sec
retary when the charges in question
were published.
MUST COUNT SECURITIES.
The resignation of McClung means
money securities for which the treas
uIer is responsible must be actually
counted and receipted for. This will
be the greatest single financial tran
saction in the history of the world.
When MCClung assumed the duties of
treasurer he gave a receipt TO his pre-
decessor for S1.26O. .l34946.Ss 2-3, the
two-thirds cent being due 10 a frac-
! tion in one of the Tennessee state
? bonds for which the treasurer is trus-
tee
This is the largest single transac-
tion from man 10 man on record.
While the exact amount OF the treas
urers fund is not known. it is expect
ed TO exceed those figures by many
millions
WILL Require MONTHS.
II will require probably three
months TO count the money securities.
The treasurer serves until his sue
cessor IS appointed, and this creates a
remarkable situation. because, pre-
suming Meetings. successor will re-
tire the fourth OF March. with the in.
coming OF Wilson, the count must be
made all over again for the new treas
urer. While responsible for over a
billion dollars, the treasurer receives
"a salary OF $4,000 and is bonded for
only Sl50.OOO.
ANDERSON To JAPAN.
Washington. Nov. 14.-Barz Ander-
son Of Washington. new minister to
Belgium. has been named as ambassa.
dor 20 japan, 20 succeed Charles Page
Bryan. resigned.