Evening Republican, Volume 21, Number 275, Rensselaer, Jasper County, 23 November 1918 — M’ADOO QUITS AS CHIEFS AID [ARTICLE]

M’ADOO QUITS AS CHIEFS AID

RESIGNS AS SECRTARY OF THE TREASURY AND RAIL HEAD.

Washington, Nov. 22.—Mr. McAdoo’s letter of resignation, dated November 4, follows: “Pear Mr. President: “Now that an armistice has been signed and peace is assured, I feel at liberty to advise you of my desire to return, as soon as possible, to private life. “I have been conscious for some time of the necessity for this step, but, of course, I could not consider it while the country was at war. “For almost six years I have worked incessantly under the pressure of great responsibilities. Their exactions have drawn heavily on my strength. The inadequate compensation allowed by law to cabinet officers (as you know, I receive no compensation as director general of railroads) and the very burdensome cost of living in Washington have so depleted my personal resources that I am obliged to reckon with the facts of the situation.

“I do not wash to convey the impression that there is any actual impairment of my health, because such is not the fact. As a result of long overwork I need a reasonable period of genuine rest to replenish my energy. “But, more than this, I must, for the sake of my family, get back to private life, to retrieve my personal fortune. “I cannot secure the required rest nor the opportunity to look after my long neglected private affairs unless I am relieved of my present responsibilities. “I am anxious to have my retire-, ment effected with the least possible inconvenience to yourself and to the public service, but it would, I think, be wise to accept my resignation now, as secretary of the treasury, to become effective upon the appointment and qualification of my successor so that he may have the opportunity and advantage of participating promptly in the formulation of the policies that should govern the future work of the treasury. I would suggest that my resignation as director general off railroads become effective January 1, 1919, or upon the appointment of my successor. “I hope you will understand, my dear Mr. President, that I will permit nothing but the most imperious dieman ds to force my withdrawal from public life. \ Always I shall cherish as the greatest honor of my career the opportunity you have so generously given me to serve the country under your leadership in these epochal times. “Affectionately yours, “W. G. McAdoo.”