Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1918-11-23
M'ADOO QUITS
CABINET POST

| the milo capital society that re-
NAMED Repeatedly the secretary
| has referred 10 small salaries of
government officials. though he did
not refer to his own case, In fix
ing the salaries Of his assistants In
the -Tailroad administration he al
! lUWed hcads OF divisions $4,000 n
year ana even the minor assistants
received Sl2,00 or $4,000.
Secretary McAdOo In the fourth
member OF tho cabinet to resign, VII.
liam Jennings Bryan the pr"sidentr
secretary ~ state at the beginning
OF his administration, was the first
and Ilndlrv VI. Garrison. secretary
OF war, was the second
James &. NcNcynOlds attorney
general. resigned to take an appoint
ment 10 the supreme court Aside
from those three changes, the presi-
dents cabinet stands tho same as II
did six years ago, and his friends
say hr has taken u great deal oi
pride In referring TO It az team. At
the opening OF his second term the
president asked all the members to
remain.
Rise Is Rapid.
The rise Of Mr., McAdoo Ia a place
which many have declared was sec
ond only to the president was very
fast Az southern lawyer who had
beer Interested in transportation
schemes In southern cities ne went
TO New York and accomplished the
then almost unbcllevea feat OF
successfully tunnclIng the Hudson
river for electric trains One OF the
first men to suggest the schcme-lf
not actually the first--4wns adtudged
n lunatlc and he lived to see the
project an accomplshr'~n His
name has been forgotten In the sue
cess Of the achievement.
When Mr. Wilson, then governor
OF New Jersey. became a presidential
possibility. Mr.. McAdoo was prnc-
tically unknown TO him But Mr..
McAdoo took leading part I'm his
campaign as vice-chairman OF the
democratic national committee and
much OF the time as acting chairman
and also as chairman OF the finance
committee. The president elect
chose him for secretary OF the treas
ury and many OF his admirers have
pronounced him the most capable
since Alexander Hamilton. OF
course. he has not been without his
critics
At the outset OF the presidents $
first term, 1t was pRstime OF oh
servers of public affairs to refer to
the strong men OF tho cabinet" gen.
orally speaking OF two or three. II is
no reflection on Mr.. McAdoo TO say
that his name wns not then SO early
included, but II soon became so II
was no secret that the president de-
pended upon his advice and iudg-
ment more on affairs which ranged
outside the treasury. lie soon be-
gan taking prominent part In shap-
ing the Administrations legislative
policies and he invariably had the
backing of the president Possibly
that brought him into the field OF
democratic presidential possibilities
when they were being discussed, but
so far as anyone knows, Mr.. McAdoo
never has expressed himself on that
subject, but has devoted his atten-
ton to serving his chief.
Is Man OF Small Means.
1t has been well known In Wash
inGton that Mr.. McAdoo. a man OF
comparatively small personal for
tune, has felt that sooner or later he
must replcniSh his resources. Friends
at various times have expressed some
apprehension for his health. for he
has been an indetatigahlc worker and
while the duties Of the secretary Of
the treasury In times OF world war
probably would have taxed the
hcalth ana energy of anyone. he did
not hesitate to take on tho railroad
administration and found time be-
side To take a prominent place in the
presidents councils on other sub.
jects. While on a recent trip IN the
west he fell from horse and broke
rib but his friends say that had no
effect whatever on his general
health.
Since the European war broke out
in the fall OF 1914. Mr. McAdoo's de-
rartment has faced many big eco
nomic problems.
As a leading builder or the fed
eral reserve system, an early advo-
cate OF "A great government built
merchant marine. and developer
OF the federal farm loan system he
was known particularly Promotion
OF closer commercial aud financial
relations between the United States
and Latin American republics was
another subject upon which he was
Interested. lie played prominent
part in preparing the income tax
law and in developing measures 40
permit flexible financial agree
ment to tide the nation over rough
periods Of financial history during
the war. lie placed government
funds in banks Of the west and south
to facilitate the movement OF CropS
and later arranged the distribution
Of government funds more uniformly
throughout the country.
-Four days after the European war
started, Mr.. McAdoo asked and oh
taincd special legislation to hermit
issuance of half a billion dollars OF
emergency currency through ma.
tional banks to tide the nation over