The Robesonian., 1918-05-02

A. w. MCLEAN GETS
BIG APPOINTMENT

director on War Finance Corporation
Board at $4,000 a Year-Greatest
Honor to State Since Daniels APP
pointment.
Mr.. A. w. Mclean of Lumberton
has been named by President Wilson
as one of the four directors of the
10000, 900 Government War Finance
corporation, the biggest institution
OF the kind ever created. The other
directors named by the President are:
". T. g. Harding, governor of the
Federal Reserve board; Allen B.
FORBES, New York, private banker,
and securities dealer, member Of the
present capital issue committees ad-
visory subcommittee; Eugene Meyer,
Jr., New York banker and business
man, member of the National War
Savings committee and connected with
the war industries boards.
These four directors with Secretary
McAdoo will conduct the work of aid
ing in financing essential war en-
terprises. AS soon as the directors
are confirmed by the Senate they will
establish the corporation on IN oper-
| ating basis and a Washington dis
patch states that indications are it
will be ready to make loans within
2 or weeks.
Mr.. Mclean left Lumberton Sun
day night for New York to attend a
meeting of cotton mill men and is
expected to return to Lumberton Sat-
urday of this week.
The Washington correspondent Of
the Greensboro News sent his paper
the following, under date of April 50:
Next to the choice of Josephus
Daniels, of Raleigh as his secretary
for the Navy, President Wilson today
conferred upon the State of North
Carolina the greatest honor handed
out to any of its sons when he sesit
to the Senate the name of Angus w.
Mclean, of Lumberton, as director
on the war finance corporation board.
Mr.. Mclean will serve for four years
His selection for this important duty
has received the approval of the en-
tire North Carolina delegation in both
House and Senate, and he is regarded
I as eminently fitted in every way to
perform the duties that will be i'm
posed upon him.
"That Senator Simmons had as much
to do as anybody about the selection
of Mr.. Mclean goes without saying
and when notified of the Presidents
action today the Senator's Office made
\ public this statement:
i 'Mr. Mclean is one of the ablest
young men in North Carolina. His
success in business affairs has been
y phenomenal. At the age of 26 he or
/ ganized the Lumberton National
! Bank, and became it's president, q
:, position he now holds. The bank is
one the strongest institutions of the
kind in the State. Later, Mr.. Mclean
organized local railroad company
to give his town and community com.
petitive rates to the outside world. H.
:. is president of the road, which has
succeeded beyond all expectations
Three large cotton mill concerns were
organized by Mr.. Mclean and he is
their financial manager. The manu-
featuring plants built and set in mo
tion have succeeded. A better mar
for the war finance corporation boart
could not have been found in thu
!, South. Mr.. Mclean was nominated
;, for one of the four year terms. Mr.
Mclean has been active and influen
:, tial in Democratic party councils fol
a. number Of years. He succeeded Sec
:, retary Josephus Daniels as the mem
Der Of the Democratic national com
{. mittee ,and now holds that position.
e "The business career of Mr.. McLeal
/; has been one Of unbroken success
/, "Mr. Mclean is one of the larges
!, and most prosperous farmers in Nortl
Il Carolina. His crop this year cover
!, several thousand acres. All of tn
|, business undertakings of the Nortl
y Carolina appointee to the directorshi]
: of the war finance corporation boar
: have met with unusual success. MI
: McLean's competency to fill the plac
given him by the President cannot b
questioned.
"Mr. Mclean easily is one of tn
| stronnroet mon In North Carolina -