The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1917-10-26
CENTER OF NATIONS FINANCE
IS BOTH A BUSY AND WELL
GUARDED PLACE.
CASUAL VISITOR IS BARRED
Frank A. vanderlip, President OF
Great Bank, Is Hard at Work There
Again, This Time as a Volunteer
Liberty Loan Aid.
BY EDWARD q. CLARK.

tuOuSHt III the Duck Oh MS neau OF tne
day when the building which soon was
to spring before his eyes would be the .
hive of industry that Ii is today. The |
treasury is as whirring inside as the
state, war and navy building, and
when this is said 1t means business"
The treasury Is more than a treas I
ury. IL Is not only the place where
Uncle Sam keeps large part of his
boards of gold. silver, and banknotes. |
but Ii Is the place where means OF
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, ii is possible in business
hours to get into it through fifteen or
twenty entrances. Today it can be
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. If 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 to 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.
vanderlip is 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 It's time of need. One of these men
Is Frank A. yanderlip, president of the
National City bank of New York.
When Mckinley was president, Ly-
man ]. Gage, secretary of the treas
ury, took Frank A. yanderlip. who was
a financial writer on 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
went to New York where he since has
been known as a high authority on
finance.
Vanderlip today is working as
volunteer for the government. His
office In the treasury building is none
too light and none too commodious.
but apparently Ii Is not for volunteer.
who once was a newspaper man. to
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
licity man. and publicity Is necessary
when Uncle Sam wants to put before
the people the merits of his appeal for
money Add to his newspaper expe-
rience that of his study as financier
and the sum viii make II known why
Uncle Sam wanted vanderlip as a vol
unteer
Meets His Old Friends.
There are few correspondents In
Washington who knew vanderlip when
he was newspaper reporter In Chi
cago, and there are many of them who
knew him when he was an assistant
secretary of the treasury. They drop
In to see him when they can, TO get
news of the Liberty Bond campaign
and also to engage In "reminiscences
of the old days.
One of the correspondents was fell
low reporter of vanderlip on the Chi
cago Tribune good many years ago.
When vsnderlip had become president
of one of the country's biggest banks
the correspondent met him one MORN
Ing on Broadway.
Come round to my office and have
= talk" said vanderlip.
"All right" said his friend.
These two men I'm their reportorial
room In the old Tribune building In
Chicago, room somewhat dingy and
very much crowded, affording accom-
modations as Ii did to the financial edi-
tor. the Insurance editor. the railroad
editor, the board of trade editor, the
South Water street editor and the so
ciety editor.
On entering the beautiful Flemish
oak-paneled private Office In New York
of the reporter-turned-b bank president,
his old-time colleague looked about
him, then dropped into chair and
said:
Gee whiz. vanl" and Van said.
"Yes, Gee whizw
One would not have to lie at all vent
uresome to ask Evan" whether or not
he does not look back on the room Of
crowded desks and crow, led memories
with q wish to be q you ngster again.
and ito be there again.