The Tomahawk. [volume] (White Earth, Becker County, Minn.) 1903-192?, 1920-07-15

| WASHINGTON, D. C.-Our capital
city bubbles over with speculation on
the Democratic convention at San
Francisco, but by the time this is read
the country in general will probably
know the answers to the questions
raised here.
The president and his following ap-
pear to have control and the hearts
desire of the big wire pullers is for a
candidate and platform like the Re
publicans:
! But if they fulfill their desires too
openly the party will lose labor and
farmer votes, not so much to the Re-
publicans as to possible third party.
| The great question is whether the
Democratic leaders will be sufficiently
! clever in the matter of platform and
candidate to hold the voters with one
eye on third party, and to hold big
! business backing at the same time.
If the large interests decide to bull
| things through as they did at Chicago,
| in their pride of power, a third party
with a candidate and platform bring
! ing I'D the real issues between priv
ilege and the people would have strong
| pulling power and the Democratic ma
chine would be lost.
Palmer as a candidate would
strengthen Republican and third party
chances. McAdoo, on the other hand
has cleverly strengthened himself with
many elements likely to break away,
| while at the same time being "safe for
business It looks as if he were the
| logical choice, with someone who could
make an appeal to restless farmers as
running mate.
Third party boosters will hold con-
vention in Chicago shortly after the
Democrats are through.
McADoo's CANDIDACY
Bernard Baruch has investigated the
report that Harding's campaign adj
visers have 1.-The goods" on William
Gibbs McAdoo. Baruch thinks there
is nothing for McAdoo to worry about.
On the other hand, friends of the for
mer secretary suggest that McAdoo re-
signed from the cabinet because he
was stone broke, and that if his credit
ors had swooped down on him they
would have had to take a partial set
Element He has been practicing law
and receiving big retainers for, the
past year, and he wants to lay up
some more funds before trying anoth-
er venture in politics.
The goods" which the G. o. P.
gumshoe men have located are said
to consist of facts about as follows:
That McAdoo, when secretary of the
treasury, urged the shipping board to
strain one of it's rules as to advances
or loans to shipbuilding companies,
in favor of c. w. Morse, the former
ice king and convict, pardoned by
President Taft and thenceforth a pro-
moter of shipping and shipbuilding
corporations. That this loan was
made to the extent of nearly $780,
100000, and that it saved the adven-
turous Morse and his American
Steamship company and its several
subsidiary companies from crash,
That McAdoo was brought into the
affair by his bosom friend, Stuart
Gibboney, a member of New York
law firm, who was conspicuous in the
national capital as counsel for people
who wanted war contracts. That
Gibboney represented the Morse in
terests That when the money was
advanced by the shipping board, the
stock of the American Steamship
company jumped from below 2 to
nearly 8. That Gibboney and others
made killing" on this stock, which
later went down considerably. No
suggestion is made that McAdoo
profited personally by the rise in the
value of this stock 1t is merely sug-
gested that he helped his friends, Glib
honey and Morse.
Whatever the facts, the story is
brought up whenever the puzzle OF
McAdoo's refusal to take the Demo
cratic nomination is mentioned in
capital political circles. It creates
new flavor on palates that long ago
were satiated with stories of Pen
roses share of the Harrisburg capitol
building graft, of Warren's fencing OF
government grazing lands, of Lodges
living lie as to the ATTACK" by the
baseball player whom he first struck
in the face, and of how Foraker. and
Bailey became hired men for Rookie
Teller.
MILlTARIsM PLANS
Newton D. Baker, secretary of war,
has inst snnaaked again ON universal