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they would hang around with their hats in their hands and not be able to accom- plish anything. If he found this was true. I promised to take the midnight and meet them in Washington tomorrow. I telephoned McAdoo and again urged him to get behind the plan, and told him that Wade and Simmons wanted me to go down with them tonight, and that I would do so unless he would undertake to go to the front. He did not seem to want me to come, and he appeared <add>not</add> to want the Federal Reserve Board to get the credit of putting the plan through. He therefore agreed to throw the weight of his office back of the proposition and to father it. This is all I wanted and he can get all the glory he desires. I am con- stantly hampered by the little jealousies of men, and I wonder what I have been able to accomplish what I have without an official position, and without more friction. Mr. Bertron called to thank me for the part I have taken in the cotton pro blem. As a matter of fact, more credit is due Bertron for bringing it about, for if it had not been for his dinner last week and for his quiet, diplomatic work among the bankers since, it is doubtful whether the plan would have gone through. He said as he was leaving that I deserved well of my country and he wondered in what way I was ever to be repaid. I insisted I was repaid by the feeling that I had taken part in matters that were worth while. October 17, 1914. Yesterday was a stirring day, particularly in the afternoon and evening. I was in conference with McAdoo several times over the telephone from Washing- ton concerning the cotton problem. The plan which the bankers proposed was found not feasible because the Currency Association could not legally borrow the money. I met McAdoo at six o'clock at the Pennsylvania and took him and Eleanor
Title | ms_0466_s2_v2_195 |
Transcript |
they would hang around with their hats in their hands and not be able to accom-
plish anything. If he found this was true. I promised to take the midnight and
meet them in Washington tomorrow.
I telephoned McAdoo and again urged him to get behind the plan, and told
him that Wade and Simmons wanted me to go down with them tonight, and that I
would do so unless he would undertake to go to the front. He did not seem to
want me to come, and he appeared |
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