The Washington herald., 1918-02-16
M'ADOO'S MIND
DOESN'T SLEEP
Holland Tells of Rail Di-
rector's S Busy Subcon-
scious Mentality.

~N~--~os
theless. his mind-or what is some
times called the sub-conscious mind
works logically. clearly and effective
Iy, so that at last when he Is ready
for the occupation of the day he re-
calls and acts upon those mystic
communications which were made to.
him while ne slept. This has been
especially noticeable since Mr.. Nc
Adoo became. under President WILL
son, the master hand and mind in
the control and direction of the Amer
lean railway systems.
This, however, Is not unusual. When
John NJ. Forbes was greatly occupied
with working out plans for the COM
plecon Of the Michigan Central Rail-
road and for the promotion of what
became the Burlington Railroad sys-
tenn his sub-conscious mind worked
while he slept and in that way soiv-
ed Tor him many problems which had
greatly concerned him while he was
wide awake.
Chase Another ExempIar.
When Salmon P. Chase. was Sec
retary of the Treasury, having as
hiss chief responsibility the per-
feeding of a new and very great
fiscal system for the United States
involving at last the creation OF the
old national bank system, he, too.
IL reports that were prevalent at
the time are correct, found that his
suv-conscious mind was active and
worked logically and satisfactorily
fly
asleep.
Mr.. McAdoo's recent activities
and especially his latest appeal to
Congress for aid in establishing a
system which will serve greatly to
relieve the financial situation as it
IS now and as it is likely to be-
come are spoken OF with some
wonder. This amazement is due to
the apparent ease with which Mr..
McAdoO handles some of the great
est, problems ever presented to a
high officer in any nation, several
of them differing from another, in
principle and purpose.
IL seems, however, to have been for
gotten that some OF our ablest indus
trial leaders, the creators of our
largest railway systems and the mas
ters of modern finance in the United
states, were able at tho same time to
contemplate, handle and then perfect
plans which were really stupendous in
character. That was notably true Of
James ]. Hill, who was able almost
Upon an instant's notice to turn his
mind from the consideration of i'm
mediate problems associated with
management of the Great Northern
itailrcad system to other matters. In
his way he demonstrated that he was
4 mastery authority and one of the
irst of the great authorities upon the
Improvement in farming conditions
md Developments in the Far West.
So, also. while still perfecting the
Great NortherH Railroad, he found
time to work out a plan which, had
not Abe government interfered through
action by the Interstate Commerce
tonfnissiony would have wonderfully
incneased the trade between the
United states and the Far East.
J. p. MOrgan's Way.
The late J. z. Morgan was able to
oass upon extremely important
questions involving railroad reor-
ganiZations while he was at the
iame time occupied with momen-
Gus matters as. for instance, the
protecting for six months of the
United States Treasury against
hose who would. without that pro-
.ection, have withdrawn all the
gold which was contained in the
Treasury vaults. E. H. Hartman
,Ould do splendidly a thousand and
Dne things, so to speak, in a days
work.
The fact is that Mr.. McAdoo has
lowl revealed himself as possessing
'arei liabilities of the kind which can
.Omtnand almost intuitively sound
Judgment and 1.-the methods by which
5ery great plans are put into ef-
'ect- This is partly due to Mr.. Nc
Adoe's gift for organization. One
Il the greatest of American oank-
srs, who before he retired from
Danking life, had created the iarg-
st Of American banks, said at one
ime to a friend that what he had
accomplished had been due solely
% the fact that nature had endowed
lin with the gift of highly sys-
ematized and efficient organization.
MT. McAdOo's Predecessors.
None Of Mr.. McAdoo's predecessors
n the office of the Secretary Of the
treasury had any other responsibility,
management of the Treasury Depart
nent. All of them, with a single ex-
.eption-Judge Richardson, of Massa-
.husetts-retired after successful ad-
ninlstration Of the Treasury poorer
n purse than they were when they
assumed the ofice. Judge Richard
on was master of the art Of saving,
% that he came out Of the Treasury
Department better on by a few thou
and then when he went in. Sec
'etary Chase was compelled to con-
emphte a considerable loss of his
Jrinc1pal. although he handled as
Iecrefary hundreds of millions of ma
ionaI securities.
william Window was compelled
lfter he retired from the Treasury
oepsrtment in the first months of
orestdent Arthur's administration to
eek 10 build up his fortune by un-
iertaiking various promotions. Mr..
Vindpm's name will pass into his
ory for his remarkable achieve
nenb in refunding 5 per cent gov
\. rnment bonds at 31-2 per cent
I Without any special authority from
congress for doing this. The re-
undsd bonds became known as
Eindoms. John @. Carlisle was so
oor after he retired from the office
the Secretary Of the Treasury in
he spring OF 1897 that friends in
few York City undertook to solicit
usiness for him as a lawyer.
Mr.. McAdoo will pass into tradi-
ion as the creator of and the di-
ectop of billions of government
ecurities. It may be that, should
he war continue a year longer,
here will have been directed by him
,sues involving perhaps twenty
illiona or more renraaenfinr Inan.I