Word: mcadoos
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...State. A Smith campaign had been conducted by good 1928 friends of the Brown Derby - Parson M. Abbott, David F. Supple, Edward W. Cahill -whose strategy was to depend on old loyalties rather than new issues. Meantime the Garner candidacy was backed by three potent Californians - William Gibbs McAdoo, William Randolph Hearst, Will Rogers. The onetime Secretary of the Treasury, heading the slate of Garner delegates, actively campaigned while Publisher Hearst and Funnyman Rogers boomed...
Among the Democrats, another deadlock was visioned, similar to the one of 1924 when Smith and McAdoo fought through endless ballots until John W. Davis was substituted as a compromise candidate. In the event of a stalemate being reached between the supporters of Roosevelt and the powerful opposing bloc it is not unlikely that Newton D. Baker will be the compromise candidate. At present, Smith seems out of the running while Roosevelt is continually recruiting strength from all over the country...
...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...
...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...