The daily banner., 1918-01-29
McADOO PROVES HIMSELF
TO BE- HUMAN DYNAMO
Is Motive Power Behind The Finan-
ces and Railroads OF The Country
-Runnino Two Gigantic Jobs.


! William G.. McAdoo looms large on
! the worlds horizon. He is not only
| the worlds greatest money raiser,
/ but he is the worlds greatest rail
road mana ger The activities of the
/ Rothschilds, the Barings and the
/ Morgans pale by comparison with
! The financial transactions of the Sec
retary OF the Treasury. He is con-
/ stantly thinking in terms of billions.
! Nearly SIC, ,000 has been ap-
propriated since he has been in
charge of the nations finances and
10000 900. 900 more is needed.
These are undreamed Of sums. but
Mr. McAdoo must raise them. 1t is
vast financial undertaking. this
collecting and handling Of one-tenth
OF the national wealth without dis
turbing Americas complex indus
great responsibility Mr. McAdoo has
! been called upon to direct the opera
tiOn OF more than One-third of the
railroad mileage of the world.
As d rule, the only consideration
given to appointments of men for
high executive places concerns the
Z
If there is criticism it usually takes
the line OF recjtals which point out
every failure which by any process of
reasoning can be laid at the door of
the new official. There has been lit
tie criticism directed at Mr. McAdoo.
The only question has been, Can he
find time to handle all the under
takings that have been placed upon
him."
Can the man who administers the
mobilization of Americas wealth for
war also direct the rejuyenation of
the worlds greatest pOrtatiOn
system? Can one man pack into a
working day time to confer with five
assistant secretaries of the treasury,
each one OF whom daily is confronted
with as varied and tough an assort-
ment of problems as faces the heads
Of the largest financial institutions of
the country, and in addition attend
cabinet meetings, talk to delega-
tions from many States, sign box
full OF documents which would be
yalueless without his signature, talk
to newspaper men and magazine
writer's, raise billions for war purpo-
Ses. advise business and charity
when, where and how to procure ad-
ditional funds, conduct Liberty
loans. administer the Federal Re
serve law, consult on Shipping board
matters, plan the nations greatest
i insurance policy, ana in the mean
time learn the railroad business in
such detail that he can direct ESQ.,,
/ GOO miles of railways, handle l.,
! 500, 200 workers and conserve the
| industry'S investment of $17,000,
! 600 ,00V, which carries a funded debt
of $4,000, 900?
President Wilson says he can.
! When that nations chief executive
! told Congress that the Hon. Will
| liam G.. McAdoo was the right man
10 assume direct administrative con
| troll of this new executive task the
administration of the tangled rail
| road situation, the storm of applause
/ that followed was convincing proof
that Congress thought the same. The
naming of McAdoo caused no sur
| prise. 1t was a foregone conclusion.
But how does it happen that this
! particular man has become the rec
| ognized example of executive effici-
ency? What manner of man is he?
| How does he work and how does he
play?
William Gibbs McAdoo was born
near Marietta, Ga, on Oct. 81, 1868,
| being the son of judge who had
! been soldier in the Mexican and
Civil Wars, district attorney general
of Tennessee, and professor of
English and history in the Univer-
sity of Tennessee. William G. Nc
Adoo studied law at the University
of Tennessee and was admitted to
the bar when he was 2 years old
and practiced law in Chattanooga
until 1892. He tried to run a street
railroad, but the effort was a failure
though the failure was not his.
Then he went to New York city and
before long his hankering for rail
roads led him TO believe that a rail-
road under the Hudson river was
needed. He didn't have much to go
on except the idea and his own per
sonaIity. After many rebuffs, disap-
pointments and doubts he succeeded
in interesting investors, who made
the project d success. McAdoo's
dream is now saving half million
persons half an hour a day.
From this initial accomplishment
it can be judged that Mr.. McAdoo
has a pleasing and persuasive per
Sonality. 1t required real ability to
extract $100,000,000 from the pock
cts of New York to construct tun-
mel that many engineers declared
was impracticable Personality is
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