The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1917-06-13
'ADOO is
SCORED BY
R.H. WALDO
Business Manager OF
n. Y. Tribune At
tacks Loan Policy
"MAKING JEST
OF THE NATION"
Tells Sales Congress
Cabinet Should BE
ReOrganiZed


"The people Of America can take
their choice said Richard p Wal
do. business manager a. me New
York Tribune. spesk.ng before the
Worlds Saiesman-hip congress IN
Arcadia Tuesday night they can
buy Liberty bonds and ger somethns
for their money. or tley cen give
their money In taxes and get Moth
ing. They are going TO pay. any
way. and there is no way ogf OF II
1--WE went into this war 81 Ger
many's express wish, Tor We are ihe
only country from which Che could
expect to collect huge ndemnities
we can now either put our money
in bonds or save Il UP Tor Ger
many
America has been made Jest
OF and shamed before All the world
The catch phrase Of The east Nc.
Adoo about uothinS shows what
the people think % TIE way the loan
has been handled The United
States has failed TO stand back OF
the administration because The ad
ministrauon does not know The
United States
we have been pumped fun Of
false information az 10 how wei
the bonds were goins. 30 everyone
has said Very we'll then We viii
wait. There win be a loan ar four
per cent or Eve per cent and we
will buy those bonds The east has
fallen down on this loan. ard IN
less the eastern bankers who handle
western money come 10 the rescue
It viii not be fully subscribed
"The most tremendous democracy
has gone into the great manufactur-
ing business ever seen. the manu-
facture Of bonds The manufactnr-
Ing end is perfect, the sales end
rotten. but we viii hold up the
sales end Of the government II We
have TO reorganize the cabinet
When we have such men AZ George
W. Perkins. Henry NJ Davidson and
Charles NJ. schwab in our cabinet
America can hope TO do something
The sales talent OF The United
States is the greatest asset in the
nation II has made as what We
are The American salesman Is the
best on earth when his goods and
policy are right Think Of what
Hawkins and Chalmers could do for
the government
But 10000 600 600 bonds viii De
sold II necessary. and they viii be
as well known as The Ford car.
when asked what his plan was
in regard 70 the bonds, SIR McAdoo
looked surprised and said Plans
There are no plans Just open the
window and let them float ont They
blew out. propelled by McAdoo S
forced draueht. and the bankers and
the people generally smiled and laid
back. doing nothing
THE statesmen Of the United
States mnst get hack OF the Liberi
bond n will be the most enlight-
ened selhshness. for On per cent os
the money will po orr in labor
channels. and when labor thrives
all business prospers There hss
never been such prosperity m Can.
ada and England a. ~ the r-os NJ
time
a resolution was adoptoi pledcinz
the membership Of an Tho aiac}
branches OF statesmen 90 the United
States 10 devote one day. exclusive.
ly. to tho sale of he next issue OF
war bonds authorized by tho gov-
eminent There was no DISSENTING
voice.
Speaking Of The policy OF honesty
in salesmanship Nh Waldo card
"Ail salesmanship is honest lor
when b is not If IS no longer sales.
manshIn but robbery
lie declared thar al new papSrs
should rmhlessly expose any good
which were not what they nurport-
ed 70 he and they would win ouf
in any libel suif for 10 is the sense
OF the public that tbe seller. mo-.
the buyer SHAH beware