Evening star. [volume] (Washington, D.C.) 1854-1972, 1917-12-27

william gibbs MoAdoo, Secretary Of
the Treasury and named director gen
eral of railroads by President Wilson,
was born near Marietta, Ca, October 3.
1863 His father WAS william Gibbs
McAdoo. who was also lawyer. but
upon his retirement from the practice
became professor Of English in the Uni-
versity of Tennessee. He served as first
lieutenant Of volunteers in the Mexican
war and entered the City Of Mexico
with the Army under Gen. Winfield
Scott. He died IN 1894. HIS mother.
Mary Faith Floyd McAdoo, was the au-
thor Of several novels.
Mr.. McAdoo attended the University
Of Tennessee At Knoxville. but left In
his Junior year to accept the position
Of deputy clerk Of the United States cir
cult court for the southern division of
eastern Tennessee At Chattanooga.
While in this position he studied law
ana was admitted to the bar in his
twenty-hr year.
Early q Railroad Lawyer.
He practioed law with success in
Chattanooga. and soon was offered the
position Of division counsel in Tennes-
see for the Central Railroad and Bank
ing Company and the Richmond and
Danville Railroad Company While thus
employed he developed a keen interest
In railroad affairs.
In 1895 Mr.. McAdoo formed partner
ship in law with former Congressman
William McAdoo, former assistant Sec
Rotary Of the Navy and once police COM
missioner Of New York city. They prac-
ticed under the firm name OF McAdoo &
McAdoo until May. 1902. when the firm
was dissolved.
Mr.. McAdoo went to New York city
from Tennessee in 1892 and opened law
Offices. He had been q lawyer in Chat
tanooga since his twenty-frst year and
had had some experience in the legal
department of a railroad. He practiced
law in New York for ten years until
1909. when he organised the company
which acquired the old tunnel under
the Hudson that was begun in 1874
This original tunnel plan had proven
a failure and a second attempt to carry
the same fate. Mr.. McAdoo was con-
hdent that he could put the project
through and adapt 1t to operate in har-
mony with the plans Of the several
tablfshed in New Jersey ana the local
transportation systems on Manhattan
Island. Those he succeeded in convinc-
Ing OF the feasibility Of his ideas have
today no cause to regret the confidence
reposed in him.
Became a Railroad President.
Mr.. McAdoo was made president Of the
New York and Jersey Railroad Company.
which later built the tunnel from Chris.
TOPPER street to Jersey City, at the time
Of the companys organisation, and ono
year later, in 1908, hs orranized and was
haitian Railroad Company. which started
the tunnel from CortIandt street 70 the
Psnnsylvania railroad depot in Jersey
CITY.
He took large part In the management
of the campaign that elected Woodrow
Wilson President. and. with limited ex-
perience In finance. he became Secretary
Of the Treasufy, and. in addition, fioated
the two szsatsst loans ever subscribed in
this country.
Has Handled Vast Problems.
Since his incumbsncy ~ SECRETARY OF
the Treasury, with remarkable succ1ea he
has handled como Of the most intricate
and vast problems ever presented to &
man in that poeiti0a. His MANAGEMENT Of
the great foreign and domsetit leans has
stamped him d fnAncier And oxeotttlve a
the hlghsat order The cr4Anlsatien q ths
federal reserve -h4M11Ax 0yutoA also has
di1tidfdilnhAd In foG1n0 500 - -,