The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1918-11-23
Continued From Page one

ter Glass. Of Virginia. and Assistant
Secretary IeffinKwell were mention
ed AZ prospects for the treasury post
Baruch also was prominently dis
GUESSED as railroad administrator.
while there was considerable thought
that the railroads might be placed
under Secretary OF the Interior Lane
and the interior department
McAdoo did not acquaint his i'm.
mediate associates OF his purpose
until late yesterday. a short time be
fore he called in the press 10 an.
nounce his resignation and It's ac-
ecptancs.
lie gave out correspondence.
which said the need for more money
Influenced his going.
President Wilson answered that
he regretfully accepted at the same
time highly pralsing the secreuary'h
fslthfuinesH and ability.
McAdoo did not claim 10 be broken
In health. tho he did suggest he il
much In need OF "A rest. IL was re-
called today that he spent some time
on a Western ranch recently be.
was mainly superinduced by over.
work.
President Wilson probably will
name his successor before departing
for Europe. incidentally. the ques-
ton OF permanent government con.
troll OF railroads Is destined 10 arise
soon.
McAdoo IN known 10 have favored
Indefinite continuation Of such con.
trol--lf not actual ownership. Now.
railroad security holders are organ.
izing 20 test out this situation and
TO force return OF lines 10 private
ownership. McAdoo. IL was pointed
out. would have had 10 take def
mite stand soon on this problem.
States His Reasons
In filing his resignation. Secretary
McAdoo sent the following letter to
the president
Dear Mr.. President: Now that an
arTnlsticc has been signed and peace
In assured. feel az liberty 10 ad-
wise you OF my desire TO return. as
soon as possible. 10 private life.
II have been conscious for some
time OF the necessity for this step.
II while the country was at war.
For almost six years I have
worked inccssantiy under the pres.
sure OF great responsibilities. Their
emotions have drawn heavily on
my strength. Tho Inadequate com
perzstlon allowed by law to cabinet
officers las you know. receive no
compensation as director general Of
railroads. and the very burdensomc
cos, Of living in Washington have
10 depleted my personal resources
that / am obliged TO reckon with the
facts OF the situation.
To Retrieve Fortune
II do no, wish 10 convey the inn
precision that there is any actual i'm.
pairmcnt OF my health. because such
is not the fact A. n result OF long
overwork. need reasonable period
Of prnuine res. 20 repientsh my en-
ergy. But. more than this. ! must.
for the sake OF my family. get back
TO private life. 10 retrieve my per.
sonai fortune.
II cannot secure the required rest
nor the opportunity TO look after my
long.negiec;ed private affairs unless
I am relieved OF my present respon.
slbillties.
II am anxious TO have my retire
ment effected with the least possible
Inconvenience to yourself and to the
public service. but u would. think.
be wise 20 accept my resignation
now as secretary OF the treasury. TO
become effective upon the appoint.
ment and qualification Of my sue.
ccSsor. 80 that he may have the OPP
portuniiy and advantage OF partici-
patinR promptly in the formulation
Of the policies that should govern
the future work of the treasury. !
would suggest that my resignation
as director general OF railroads be-
como effective January !. 1919. or
upon the appointment of my sue
cessor.
II hope you wiz understand. my