Pine Bluff daily graphic., 1918-11-23

general, resigned to take an oppolnt-
 ment to the circuit court. Aside from these changes, the presidents cabl- net stands the same as 1t did SIX years ago.. and his friends say he has
 taken a great deal of pride i'll re- ferring to it as team. At the opening of his second term the pres
 ident asked all the members to re- main.
 The rise of MT. McAdoo to a place of influence in the administration
 which many have declared was sec
 ond only to the president was very fast. As southern lawyer who had been interested in transportation
 schemes in southern cities, he went to New York and accomplished the
 then almost unbelievable feat of sue
 cessfully tunneling the Hudson river for electric trains. One of the first men to suggest the scheme-if not ac- tually the first-was adjudged lun- atic and he has lived to see the pro; feet an accomplishment. His name
 has been forgotten in the success of
 the achievement.
 When MT. Wilson, then governor ot
 New Jersey, became a presidential
 possibility, MT. McAdoo was practi-
 cally unknown to him. But. MT. Me
 Adoo took a leading part in his cam
 paign as vice-chairman of the demo-
 cratic national committee and much of the time as acting chairman and
 also as chairman of the finance com mittee. The presidest-elect chose him
 for secretary of the treasury and many of his admirers have pronounc- ed him the most capable since Alex ander Hamilton. Of course, he has not been without his critics. =
 At the outset of the presidents first term. it was a pasttime of ob- servers of public affairs to refer to the "strong men of the cabinet" gen. orally speaking of two or three. It is no refectios on MT. McAdoo to say that his name was not then so early included, but it soon became so. 1t was no secret that the president de pended upon his advice and Judgment more and more on affairs which ranged outside the treasury. He soon began taking a prominent part in shaping the administration legisla- tive 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, Mir. McAdoo neve. mas expressed himself on that subject, but has devoted his attention to serving his chief.
 It has been well known Ill Wash ngton that MT. McAdoo, a man ot small personal fortune, aas felt that sooner or later he must ceplenlsh his resources. Friends at various times have expressed some for hls health, for ne aas been all interchangeable worker and while the duties oI secretary of treasury ln times of world war prob ably would have taxed the health and energy of any one, he dld not hesitate 70 take on the railroad administra- jon and found time beside to take a prominent place in the presidents councils on other subjects.
 While on a recent trip i'll the west, ne fell from horse and broke a rib put his friends, say that had no ef- tect whatever on his general health.
 Since the European war broke out n the fall of 1914, MT. McAdoo's de- partment has faced many big econ ,mic problems. As leading builder ,f the federal reserve system, an carly advocate of great government built merchant marise, and a devel' oper of the Federal Farm Loan sys- tenn, he was known particularly. Pro. motion of closer commercial and financial relations between the United States and Latin-American republics was another subject upon which he was interested. He played a promi- nent part in preparing the income tax law and in developing measures to permit a flexible financial agree i, nent to tide the nation over rough periods of financial history during the var. He placed the 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 l throughout the country.