Word: mcadoos
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Dates: during 1930-1939
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Informed that the Committee had only $400 of its $125,000 appropriation left, Senator Connally promised that he "and some other Senators" would try to see that it got not another dollar. When he had finished his tirade, Senator McAdoo, President Wilson's onetime son-in-law and Wartime Secretary of the Treasury, rushed up to pump his hand...
...August 1915, prompted by an inquiry from the late James B. Forgan, president of Chicago's First National Bank, about the Government's attitude toward the flotation of a British loan in the U. S. to help pay for Allied purchases, Secretary of the Treasury McAdoo wrote to President Wilson urging that permission be granted. Said he : "The high prices for food products have brought great prosperity to our farmers, while the purchases of war munitions have stimulated industry and have set factories going to full capacity throughout the great manufacturing districts, while the reduction of imports...
Said Senator Clark: "I think that when Morgan & Co. stepped out from under and permitted the sterling exchange to flop, pressure was brought to bear on McAdoo...
...long historical documents were read, as the examination rambled over them without startling disclosures, as day by day the evidence showed no visible connection between the House of Morgan and Secretaries McAdoo and Lansing, who alone appeared to have urged President Wilson to let war loans be floated in the U. S., the Press grew disgusted with the whole proceeding. Between sessions newshawks flocked around the old financier, who was the soul of amiability in answering questions and posing for photographs. Finally one morning when, as oldsters will, Mr. Morgan closed his eyes and quietly dozed off during the proceedings...
...Philadelphia." The pain fulness of that scene was only erased that afternoon by the excitement of picking a convention city in which fo renominate Franklin Roosevelt. A sporting atmosphere was introduced right at the start by canny William Gibbs McAdoo. Speaking in behalf of San Francisco, California's Democratic Senator inquired of Boss Farley: "Is this going to be a poker game or a straight...