The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1918-11-28
GLAD TO VlSITM'ADOO MAKES
PENSACOL A TOUR OF BAY
SAYS M'ADOO ON SWARTOUT

Notice that the country must
prepare for another intensive cam
paign, probably the latter part of
april, was given today by Secretary
hcAdoo in explaining the treas
ury's program for floating certifi-
Gates of indebtedness and bonds in
the next six months. The Secre-
taHy states that the plan of con-
tnual sale of government bonds has
been abandoned and plans have
been laid for one more "Great
Popular Campjaign.'' 1t has been
indicated that the amount will be
around five billions.
William Gibbs McAdoo, Secretary of
the Treasury and Director General Of
Railroads of the United States govern
ment, believes that the development
Of the harbor of Pensacola is but a
matter Of short time, and that the
city is destined to became a great fac
tor in the maratime trade of the
world.
Mr. McAdOo and party arrived in
Pensacola Yesterday afternoon, at 2
o'clock, and were met by a committee
Of citizens from the Chamber of Com
merce, the Liberty Loan, the Federal
reserve banks, the army and navy and
civil life.
Glad to Visit Pensacola.
While | cannot speak officially
soif Mr.. MeAdoo, 81 feel sure that the
visits that have been paid to this har-
Dor, and the opportunities for devel-
0NT0fnf hat
De well taken care of, and am de
.ghted that this occasion was presen-
ied Ter visit to your city, before re-
trlng from public life.
l wish also to express my deep ap-
pfeclftion to the people Of Pensacola
,or the wonderful way in which they
nave stood back Of the government in
ue four Liberty Loan drives, and to
SF personal word for the work
me Journal has been instrumental in
uOins in the Liberty Loan campaigns"
rs 10 the number and date of the fu-
pTe Liberty Loan drives, Mr.. McAdoo |
ID" mat his retirement made it OBJ |
.ouSy impossible for him to give any |
statement as. to future government is |
sues.
Two Factors.
transportation and finance are the |
wo great factors in every war, and |
recent history has shown that these
lad tremendous influence in the |
ringing about the victory OF the al
S-Secretary McAdoo is at the !
lead Of both"
ms was the significant statement
sue by Oscar A. Price, Assistant to |
director General, on his return
so.n ~. the bay trip yesterday. when
Sn s,,. on the administration special.
we are making an inspection trip
H.. uie southern roads," said Mr..
49,, 49,, ana went direct from Wash
''oa %, 10 Atlanta. where we were met
nle sixteen heads of the railroads
ap,g>ented IN. in the southern region.
We are accompanied on our trip oy
\ ~ ~ urey director o, operations: J.
4. ,s,laffer, private secretary to Mr..
,4,. ,a,'oo b. l.. Winehell regional di-
s5s.s, og OF Atlanta, and w. L. Mapother,
manager OF the L. & N. II
q,. VISITED at 'IIome Town." Il
r.I NcAdoo, after meeting the fed
NJ" managers OF all southern dis I
NJ a5 Atlanta. made the trip over
pb... u79lraI of Georgia to Milledgeyille. {
Ina ne visited the scene of his bov- ]
r5s ald met many old family friends iI
h We ss'f'tary left MilledgeviIle when s
4, Vas hut fourteen y1ors of age and | {
y]rstar IoWn rendered him a great
'noa H., lie has visited there only {
Z Bo o.l9Fe since his boyhood. One I
vas >, measures he had enjoyed here :
-e'lIS his youngest son. Robert Ia
''oN'iRRued On Page Eight.)