Word: mcadoos
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...defense argument: Mr. Mellon owns only about 15% of Aluminum Co. The holdings of his family are not at issue. He controls no corporation. He owns no bank stock. Stock ownership does not constitute "trade or commerce." From Hamilton to McAdoo and Glass Treasury Secretaries have owned stock without violating the statute. Mr. Mellon personally owns no sea vessel. He never passes on tax refunds. He was allowed a refund of $91.000 on his taxes but was also assessed an additional $209,000. making a net tax loss of $118,000. A bumptious Treasury employe once labeled papers relating...
...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...
...Angeles last week, long, lean William Gibbs McAdoo cocked an acquisitive eye across the continent upon the big red leather chair in the U. S. Senate which holds the long, lean frame of Republican Senator Samuel Shortridge of Menlo Park, Calif. Would the son-in-law of Woodrow Wilson step out of the political obscurity which has enveloped him since his retreat from Madison Square Garden in 1924 and offer himself as a Democratic candidate for the Senate?* Solemnly Son- in-Law McAdoo announced: "A large number of men and women of standing and character have been urging...
...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...
...excite jealousy. The result frequently is a coalition to stop him even at the cost of nominating a weaker candidate, true particularly in the Democratic party. And in the past it has often kept it from victory. The deadlock caused by the Smith forces in the determination to stop McAdoo in 1924 eventually lead to the choice of a little known figure, and disastrous defeat...