Word: mcadoo
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Dates: during 1910-1919
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Curiosity about next year's presidential nominations grows keener as time goes on, though the situation does not clear up yet. This, offers excellent opportunity for the guessers and prognosticators. The New York Herald has a despatch from Washington which says that ex-Secretary McAdoo's aspirations for the Democratic nomination are now taken for granted. It adds that they are based on the assumption that President Wilson had definitely decided not to be a candidate for renomination, and will devote the rest of his life to leadership of the League of Nations and to literary pursuits. This attractive future...
...time when the public is already burdened by the many demands of the war, Secretary McAdoo announces a measure which means a very considerable raise in railroad rates, both freight and passenger. To observers of railroad history, it offers an interesting commentary on Government regulation of the transportation industry...
Last December Secretary McAdoo estimated that the expenses for the current fiscal year would be $18,775,919,000. We know now that they will not exceed $13,870,000,000. This in part, explains why we are borrowing now "only $3,000,000,000 and oversubscriptions," instead of the $10,000,000,000 which we had expected to borrow. Another factor contributing to the same result is the underestimate of the income and excess profit taxes. We supposed that each would yield about $1,200,000,000. The best present estimate is that the total of the two taxes...
...ships to send supplies across the water, we have no supplies to pay for. When we do not build ships up to schedule we are saving the expense of building them. All this is quite axiomatic. But only in part does it account for the improved treasury showing. Mr. McAdoo and his associates undoubtedly thought it best to impress their fellow-countrymen with the seriousness of the situation by very ample estimates; as it turned out, too ample. And all these figures include, of course, our loans to the allies, which are, theoretically, an investment whatever we may think...
Secretary of the Treasury McAdoo is coming to Boston a week from today to address a mass meeting on the Liberty Loan. He has been touring the country in order to arouse interest among individuals in the loan. The response of the West has been very satisfactory, but what he is anxious to impress on the people is the importance of subscriptions from individuals as well as from corporations. Not only will the people's money be securely invested, but a large popular subscription will indicate that the country is solidly...