Home > William Gibbs McAdoo

McAdoo was the son-in-law of President Woodrow Wilson, marrying his daughter, Eleanor Randolph Wilson , at the White House on May 7, 1914.

He served as Secretary of the Treasury under Wilson from 1913– 1918, and was instrumental in forging the legislation that founded the Federal Reserve. After leaving the Wilson Cabinet, he ran twice for the Democratic nomination for President, losing to James M. CoxJames Middleton Cox ( March 31, 1870 July 15, 1957) was a Governor of Ohio, U. Representative from Ohio and a candidate for President of the United States in the election of 1920. Cox practiced a variety of trades throughout his life: high school teacher, in 19201920 is a leap year starting on Thursday (link will take you to calendar) Events January January 7 Forces of Russian White admiral Kolchak surrender in Krasnoyarsk. January 9 Britain announces it will build 100,000 homes for war veterans. January 10 Leagu, and to John W. DavisJohn William Davis ( April 13, 1873 — March 24, 1955) was an American politician. He was the Democratic Party nominee for President of the United States during the 1924 presidential election, losing to Republican candidate Calvin Coolidge. Davis was born in 1924Centuries: 19th century 20th century 21st century Decades: 1870s 1880s 1890s 1900s 1910s 1920s 1930s 1940s 1950s 1960s 1970s Years: 1919 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 See also 1924 in aviation 1924 in film 1924 in literature 1924 in mu, even though in both years he led on the first ballot. He served as Senator for CaliforniaCalifornia is a state located in the western United States, bordering the Pacific Ocean. The most populous and third largest state in the U. California is both physically and demographically diverse. The state's official nickname is "The Golden State", wh from 1933Centuries: 19th century 20th century 21st century Decades: 1880s 1890s 1900s 1910s 1920s 1930s 1940s 1950s 1960s 1970s 1980s Years: 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 See also 1933 in aviation 1933 in film 1933 in literature 1933 in mu– 1938Events January -June January 3 The March of Dimes is established by Franklin Delano Roosevelt. January 11 Frances Moulton is the first woman to become president of a US national bank. January 20 Wedding of king Farouk I of Egypt and Farida Zulficar in Cai. He and Eleanor were divorced in 1934.

McAdoo was a "Dry" with respect to Prohibition, and was the favored candidate of the Ku Klux Klan in 1924 when the other front-runner appeared to be the Catholic Al Smith of New York. McAdoo took a payment of $25,000 from oil executive Edward Doheny in connection with the Teapot Dome scandal, but returned it once he discovered Doheny's links with Secretary of the Interior Albert Bacon Fall.

McAdoo once famously said that the speeches of President Warren Harding "leave the impression of an army of pompous phrases moving over the landscape in search of an idea; sometimes these meandering words would actually capture a straggling thought and bear it triumphantly, a prisoner in their midst, until it died of servitude and overwork."