Word: mcadoos
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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...
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...
...raised by selective drafting. Telegraphic orders for the mobilization of 15,000 members of the Naval Militia and the Naval Reserve will be flashed throughout the land immediately upon the signing of the war resolution by President Wilson. Secretary of the Treasury McAdoo has asked that Congress appropriate immediately $3,502,- 517,000 to finance the war for one year. A bond issue to be absorbed by the Federal Reserve Banks, and increased taxation on estates, incomes, whisky, beer and tobacco, will be resorted to to raise the huge amount. There is little doubt but that the Government will have...
Others who will have places on the program will be Senator Robert L. Owen of Oklahoma, William J. Bryan, Secretary of the Treasury McAdoo, President Charles R. VanHise of the University of Wisconsin, President John R. Kirk of the State Normal School at Kirksville, Mo., and President G. Stanley Hall of Clark University, Worcester...
...last year and participated in several games. An entirely new team will have to be made up and for the most part from new material. But this material is very promising, particularly the candidates from the Sophomore class. J. S. Humphreys, W. Y. Humphreys, T. J. Hillard, W. G. McAdoo, W. Schoen, H. F. Straw, Jr., all 1917 men who learned the rudiments of the game at St. Paul's School will prove valuable additions this season. Clarkson, Comey, Eberstadt and Soully are other possibilities from the Sophomores...