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Updated: May 11, 2025


Moses striking out with a rod, as we are told, a path along the sea for his people may have done a more showy thing from a religious point of view, hitting the water on top so, making a great splash with an empty place in it for people to march through, but he was not essentially more religious than McAdoo, with all those modest but mighty columns of figures piling up behind him, with all those splendid, dumb, still glowing engineers behind him, lifting up his will against cities, lifting up his will against herds of politicians, haughty newspapers, against the flocks of silly complacent old ferry-boats waddling in the bay, against the wind and the rain and the cold on the water, and all the banks of Wall Street....

"Now, ef you'd a knowed ole Mars Dugal' McAdoo, you'd a knowed dat it ha' ter be a mighty rainy day when he couldn' fine sump'n fer his niggers ter do, en it ha' ter be a mighty little hole he couldn' crawl thoo, en ha' ter be a monst'us cloudy night w'en a dollar git by him in de dahkness; en w'en he see how Henry git young in de spring en ole in de fall, he 'lowed ter hisse'f ez how he could make mo' money outen Henry dan by wukkin' him in de cotton fiel'. 'Long de nex' spring, atter de sap commence' ter rise, en Henry 'n'int 'is head en commence fer ter git young en soopl, Mars Dugal' up 'n tuk Henry ter town, en sole 'im fer fifteen hunder' dollars.

One day during a political convention when he was standing in the lobby of a hotel in a certain city a jeweler came over to him after a slight moment of hesitation, gave him one of his cards and said, "Mr. McAdoo, I owe you a great debt of gratitude. For that," he added, pointing to "The Public be Pleased" engraved in small letters on the card just above his name.

Alexander Graham Bell, out abroad doing the listening and talking and thinking the thoughts of eighty million people, understood. Marconi, making the ships whisper across the sea, and William G. McAdoo, shooting a hundred and seventy thousand people a day through a hole under the Hudson understood. And God, when He made the world. And Columbus when he discovered America.

McAdoo, he says, 'there goes up a mute prayer that th' nation as wan man, fr'm Bangor, Maine, to where rowls th' Oregon, that, he says, 'is full iv salmon, which is later put up in cans, but has th' same inthrest as all others in this question, he says, 'that, he says, 'th' descindants iv Wash'nton an', he says, 'iv Immitt, he says, 'will jine hands f'r to protect, he says, 'th' codfisheries again th' Vandal hand iv th' British line, he says.

Secretary of the Treasury McAdoo interpreted the first Liberty Loan "drive" to the women; the President of the United States, in a special message to women, wrote in behalf of the subsequent Loan; Bernard Baruch, as chairman of the War Industries Board, made clear the need for war-time thrift; the recalled ambassador to Germany, James W. Gerard, told of the ingenious plans resorted to by German women which American women could profitably copy; and Elizabeth, Queen of the Belgians, explained the plight of the babies and children of Belgium, and made a plea to the women of the magazine to help.

Having first of all called the attention of the large group of men to the creative work of Alexander Hamilton, the first Secretary of the Treasury, who struck, as Daniel Webster said, "the dry rock of national credit and abundant streams of revenue gushed forth," I asked these men whether there had been in one hundred and twenty-five years any forward movement in finance that was comparable to the benefits derived from the national reserve bank law, under Secretary McAdoo, a law that not only had prevented a panic in this country during this war, but had raised more billions within four years than the total cost of the Government in the first century of our existence.

The roads were therefore helpless, and their operations became so congested as to create a positive military danger. Under these circumstances there was profound relief when President Wilson took over the roads and placed them under government control, with William Gibbs McAdoo, Secretary of the Treasury, in active charge.

The tone of his letter, its extreme bitterness, tended to confirm what we had always been told, that Mr. McAdoo assisted in directing the policy of arrests and imprisonment. I have tried to secure this letter for reproduction but unfortunately Mrs. Kent did not save it. We all remember its bitter passion, however, and the point it made about our "illegal picketing."

McAdoo, as vice-chairman of the National Committee, was engaged in doing this or that thing in connection with his duties as vice-chairman, was always calculated to stir anew the fires of envy and jealousy which seemed always burning in the breast of McCombs. I was in close touch with Mr.

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