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McAdoo, William Gibbs
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McAdoo, William Gibbs (1863–1941)

US Democratic politician. As secretary to the Treasury 1913–19, he was responsible for far-reaching financial reforms, such as the Federal Reserve Banking Act and the introduction of the Liberty Loans system, which provided for the huge US war expenditure.

McAdoo was born in Georgia. He rose to become a prominent figure in the Democratic Party, and in 1924 he came close to capturing the Democratic presidential nomination. He was senator from California 1933–39.
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William Gibbs McAdoo, who held both offices under Woodrow Wilson.
HOW'S YOUR POLITICAL I.Q.? by Anonymous / Human Events
To blunt charges of class warfare, Wilson's Treasury secretary, a wealthy businessman named William Gibbs McAdoo, added his voice, condemning the tariff system as "a general tax on the entire population for the benefit of private industry," the effect of which was to raise consumer prices not only on imports but on domestic products as well.
Tax and fend: Bush's assault on tax fairness is part of an old ... by McIntyre, Robert S. / Washington Monthly
Democratic politician William Gibbs McAdoo (1863-1941) once said, "It is impossible to defeat an ignorant man in argument.
Philosopher Scientist Pens Premature Factulation Book, Probing Man's ... by Business Wire
 
 
 
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