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PRESIDENTIAL POSSIBILITIES

William Gibbs McAdoo

Any consideration of possible candidates
for nomination at the Democratic conven-
tion is apt to bring up the name of Mc-
Adoo, who will, undoubtedly, poll a large
number of votes, at least in the first bal-
lots of the convention.

Mr. McAdoo has had a long and varied
career, both in business and politics and
has always stood for progress and advance-
ment rather than conservatism. He was
educated in the University of Tennessee
and was admitted to the bar in New York
in 1885. There the first great project
which he carried through was the Hudson
River Tunnel system; from that time on
he was widely known. During the years
from 1902 until 1913 he was President and
Director of the Hudson and Manhattan
Railroad Company. In 1912 Mr. McAdoo
had entered politics as a delegate to the
Democratic National Convention and in
1913 he was appointed Secretary of the
Treasury in Wilson’s Cabinet. This posi-
tion he held from 1913 to 1918 with the
special office of Director-General of Rail-

roads in 1917 and 1918.

The chief objection to the proposal of
Mr. McAdoo for the presidency is the
wide-spread idea that he would introduce
government ownership of the railroads.
However, there is no such positive state-
ment in the expression of his_ policies,
which follow. First—the railway situation
needs attention, for by the Esch-Cummins
law, heavy rates have been imposed on the
public. “Moreover, such high railway rates
are a real economic draw-back. Mr. Mc-
Adoo, though he does not definitely stand
for government ownership, does feel that
supervision of the railways would be a
benefit to the public.

Secondly, Mr. McAdoo thinks that the
problem of the farmer should be attacked
immediately. Here there is need of re-
duction of railway rates, of credit facilities
at a lower rate of interest, and most im-
portant, wider markets in order to sell our
surplus of wheat and cotton. As yet the
European markets are practically negligible
due to the precarious financial conditions.
In order to improve their economic state
and ours, as well as to increase good-will
and friendship among nations, we should
abandon the policy of isolation, and help
in adjustment of international problems,
still avoiding, however, political entangle-
ments, :

Mr. McAdoo favors advancement of eco-
nomic prosperity anl lowering of the tariff;
he approves of the enterprise of Henry
Ford at Muscle Shoals.

Finally, he stands absolutely for prohi-
bition enforcement, in the case of rich and
poor alike.

WISH OF C. A. TO BROADEN
OUT SHOWN AT MEETING

CONTINUED FROM PAGE 1]

ice is being made, while books on that
subject are to be placed on the Christian

Association reserve shelf.

The cabinet is very anxious for any criti-
ism and suggestions which will help it
x “tter to carry out the ideas of the Asso-
ciation and to increase and improve its
wiorky

4
\

v
DR. STEPHEN S. WISE
SPEAKS AT CHAPEL SERVICE

CONTINUED FROM PAGE ]

conformity to what one knows one may be
let to become”; courage to be equal to
one’s potential self, If we have faith,
which is reverence for the infinite, and
love, which is reverence for others, and
courage, Which is reverence for ‘ourselves,
we may come to be God’s fellow-workers
in. shaping the destinies of one immortal
life.





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