Word: mcadoos
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Dates: during 1930-1939
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...Last week in California William Gibbs McAdoo, onetime Secretary of the Treasury, filed his name at the head of a primary slate of delegates pledged to the candidacy of Speaker Garner...
Because the power to tax is the power to destroy, William Gibbs McAdoo, ardent Dry, last week urged the Senate to put a 100% levy on the profits of bootleggers and dope peddlers. In a letter to Senator Walsh of Montana, the onetime Secretary of the Treasury admitted it might not be possible to collect the full tax on such illegal incomes but he argued that "presently" the liquor wholesalers would be reached and their income "dried...
...McAdoo argued that the next war would "convert the civilized world into a madhouse." He chided the allied powers for not keeping their disarmament promises to Germany, warned that the U. S. could not safely purchase Europe's disarmament with War debt cancellation, viewed the Republican tariff with alarm...
...said, reconciled himself to the fact that he has no chance for the Presidency. Late last year he published his autobiography (Crowded Years) which contained some political explosives and, in telling the story of an unparalleled career, again attracted attention to the almost forgotten name of McAdoo. Then last month the students of Southern Methodist University at Dallas listened to some statesmanlike McAdoodling. With war and disarmament as his theme, this able Democrat there delivered an address that would have warmed even the critical heart of his famed father-in-law. Excerpts...
...Born to war-ruined parents at Marietta, Ga. in 1863, William Gibbs McAdoo sold papers as a boy, migrated with his family to Knoxville, entered the University of Tennessee. Thirty-six years later, as Wartime Secretary of the Treasury, he borrowed more money at a single time through Government loans than had any other U. S. official in history. As head of the War Risk Insurance Bureau he issued more life insurance than all other private companies put together. As Director General of Railroads he controlled more miles of track than any other man ever has. He married President Wilson...