Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1918-12-12
The New Secretary Of the Treasury.

! Representative Carter OlaSS, olsNir-
ginia, chairman Of the House Commit
tee on Banking and Currency, author
OF the Federal Reserve Banking lSw
and owner of two daily newspapers ct
Lynchburs, was appointed last week
by President Wilson 10 be Secretary Of
the Treasury, succeeding William 9.
McAdoo, resigned
Mr.. Glass reluctantly accepted The ap-
pointment. He desired to remain IN
Congress, but President Wilsonand Sec
retary McAdoo oyercame his objections
and the Virginian consented 10 take the
cabinet portfolio Mr.. McAdoo regards
Mr.. Glass as one OF the best informed
en- in the mcountry on banking and f.
nancial conditions, and after his nomin-
alton went TO the Senate predicted a
brilliant administration for him The
retiring Secretary has been Mr.. Glass
chief supporter for the Treasury port
folio
The life and career Of the new Secre-
tary OF the Treasury parallels the-rise
of other remarkable characters this re-
public has produced. He is genuins
self-made man. When thirteen year:
old he closed his books al school, Sc
cured a job as printers devil ma news
paper at Lynchburg, and has been been
working "in the trenches" ever since.
Mr.. Glass never entered college, not
even a high school, until he achieved
prominence in Virginia, and then IL was
10 make a speech. His education. he
always has said, was obtained while
serving as a printer in newspaper Of
fee.
Mr.. Glass, an original Wilson man,
has been one Of the Administration lead
ers in Congress since Woodrow Will
son has been in the White House. He
is known throughout the nation as the
author of the new Federal Reserve
Banking act. He fell heir TO the chair
manship of the House Banking and
Currency Committee when President
Wilson began his first term, and as head
of that committee the task fell to him
10 lay the groundwork for the framing
of the new banking law which Presi'
dent Wilson desired 10 place on the
statute books. For eight months, prac-
tically alone and only consulting the
President and Secretary McAdoo. Mr..
Glass toiled day and night TO whip into
shape the reserve act. Three 'fourths
of the bill was written and rewritten in
Mr. Glass own handwriting between
the hours OF II o'clock at night and >
O'Clock in the morning, after the Viz
ginian had locked himself in. his room
| in a hotel here. He said he could
work better during the late night hours
than during the day.
Mr.. Glass was born in Lynchburg
January 4, 1889 and is now 60 years
old. He is the son q the late Major
Robert Glass, a newspaper editor OF
Lynchburg..
The new Secretary of the Treasury Is
"red headed" and fighter In Virginia
politics he is known as the sharpesi
and most courageous speaker in the
.
DemocIatic party there He has convic'
tions on every important subject. the
courage to tell them and the ability to
defend them. He is the leader OF the
so-calIed anti machine faction in the
State and has been the most hated and
best beloved political leader in his COM
monwealth.
Mr.. Glass is a Prohibitionist in
practice, although he has never been
extreme in advancing his views on this
question. He has never taken drink
of intoxicants in his life and does not
use tobacco in any form. He has two
sons in France They are Maj. Powell
Glass and First Lieutenant Carter
Glass. Ir.