The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1917-11-01
TREASURY NOW IS
HIVE OF INDUSTRY
CENTER OF NATIONS FINANCE
is BOTH A BUSY AND WELL
GUARDED PLACE.
CASUAL VISITOR Is BARRED
Frank A. vanderiip, President u
Great Bank. 10 Hard at Work There
Again, THE Time a. 4 Volunteer
Liberty Loan Aid.
BY EDWARD q. CLARK.


Washington.-It seems hardly pos
sible that Andrew Jackson when he
laid the corner stone Of the United
States treasury could have had any
thought In the back of his head Of the
day when the building which soon was
to spring before his eyes would be the
hive of industry that 1t is today. The
treasury Is as whirring inside as the
state, war and navy building, and
when this is said IL means business"
The treasury Is more than a treas
ury. 1t is not only the place where
Uncle Sam keeps a large part Of his
boards of gold, silver, and banknotes.
raising the wind" to meet every emer-
gency OF war and peace must be given
thought. II is the very center Of
finance.
Even In times Of peace the treasury
always is heavily guarded. but then,
nevertheless, IL Is POSSIBLE In business
hours to get into Ii through fifteen or
twenty entrances. Today Ii can bs
entered by only one door, an incon-
spicuous little wicket gate affair on the
Fifteenth street side. Visitors who
are visitors for curiosity only are not
admitted into this stronghold OF
finance today. II a man has business
within the golden precincts he can get
In, provided he proves his business
point. establishes his identity and goes
straight to the place designated.
Every newspaper correspondent who
wishes to go to the treasury 10 secure
news Of Liberty Loan bonds. or Gus
toms receipts, or other things. must
present the pass issued by the war
department and which bears his photo
graph In an upper corner. The man
at the gate assures himself that the
face on the card corresponds with the
face OF the admission seeker.
vanderiip 10 Back There.
There are some strange faces In the
treasury today and there are also some
faces of men who once were EN-
ployed there In government capacity
and who now have come back to volun-
teer their services to the government
In Its time of need One of these men
Is Frank A. vanderlip, president OF the
National City bank of New York.
When Mckinley was president, Ly-
man j. Gage, secretary of the treas
ury, took Frank A. vanderlip, who was
! financial writer on a Chicago publi-
cation, to Washington as his private
secretary. A little later he became an
assistant secretary of the treasury.
: After his term of service was up he
been known as high authority on
finance
yanderlip today is working as q
volunteer for the government. His
. Office In the treasury building Is none
too light and none too commodious
J but apparently IL is not for volunteer
who once was newspaper man, tG
complain.
The special volunteer duty which
Mr.. vanderlip is performing Is that Of
helping In the direction OF the Liberty
Loan campaign. His long newspaper
experience has made him a good pub
4 licity man, and publicity Is necessar!
when Uncle Sam wants to put befor,
the people the merits of his appeal fol
money. Add to his newspaper expe
Yience that of his study as a fnancie
and the sum will make 1t known VIII.
Uncle Sam wanted Vanderlip as vol
unteer.
Meets His Old Friends.
H There are few correspondents II
va uhf In vt<, ta irrn Vo rlf yho,
he was q newspaper reporter In Chi
cago, and there are many Of them VIII
knew him when he was an assistan
secretary of the treasury. They dro
In to see him when they can, to &c
u news Of the Liberty Bond campaigi
and also to engage In "Reminiscences
of the old days.
One of the correspondents was fe
low reporter OF vanderlip on the Chi
cago Tribune good many years agt
When vanderlip had become presiden
OF one of the country's biggest bank
the correspondent met him one morI
ing on Broadway.
"Come round to my Office and hav
talk" said vanderlip.
"All right" said his friend.
These two men In their repOFtoris
days had had desks side by side In
room In the old Tribune building
Chicago, a room somewhat dingy an
very much crowded. affording accon
modations as 1t did to the financial ed
tor. the Insurance editor. the railroa
editor, the board of trade editor, tn
South Water street editor and the 8,
ciety editor.
On entering the beautiful Flemis
oak-paneled private office In New Yor
of the ACKNOWLEDGEMENTS
his old-time colleague looked abo,
him, then dropped into chair an
te said:
Of Gee whix. Vanl" and Van sal
ss 'Yes, Gee whizw
One would net have to be at all ven
q uresome to ask Evan" whether or n,
IN he does not look back on the room