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William Gibbs McAdoo

William Gibbs McAdoo
William Gibbs McAdoo, formal photo portrait, 1914.jpg
46th United States Secretary of the Treasury
In office
March 6, 1913 – December 15, 1918
President Woodrow Wilson
Preceded by Franklin MacVeagh
Succeeded by Carter Glass
United States Senator
from California
In office
March 4, 1933 – November 8, 1938
Preceded by Samuel M. Shortridge
Succeeded by Thomas M. Storke
Personal details
Born William Gibbs McAdoo, Jr.
(1863-10-31)October 31, 1863
Marietta, Georgia, U.S.
Died February 1, 1941(1941-02-01) (aged 77)
Washington, D.C., U.S.
Resting place Arlington National Cemetery in Arlington, Virginia, U.S.
Political party Democratic
Spouse(s) Sarah Hazelhurst Fleming (1885 – 1912; her death)
Eleanor Randolph Wilson (1914 – 1934, divorced)
Doris Isabel Cross (1935 – 1941; his death)
Children Ellen Wilson McAdoo
Mary Faith McAdoo
Francis Huger McAdoo
Harriet Floyd McAdoo
Nona Hazelhurst McAdoo
Sarah Fleming McAdoo
William Gibbs McAdoo III
Julia Hazelhurst McAdoo
Robert Hazelhurst McAdoo
Parents William Gibbs McAdoo, Sr.
Mary Faith Floyd McAdoo
Alma mater University of Tennessee
Profession Politician, Lawyer
Religion Episcopalian

William Gibbs McAdoo, Jr./ˈmækəˌd/ (October 31, 1863 – February 1, 1941) was an American lawyer and statesman. A political progressive, McAdoo was a leader of the Progressive movement who played a major role in the administration of President Woodrow Wilson. He was Wilson's campaign manager in 1912; he married Wilson's daughter, and served as his secretary of the Treasury. He was primarily responsible for financing the American side of World War I, providing large loans to the Allies, and running the railroad system inside the United States. He was a leading contender for his party's presidential nomination in 1920 and 1924 and served as senator from California as a Democrat.

McAdoo was born during the middle of the Civil War in Marietta, Georgia, the son of author Mary Faith Floyd (1832–1913) and attorney William Gibbs McAdoo, Sr. (1820–1894). His uncle, John David McAdoo, was a Confederate general and a justice on the Texas Supreme Court. McAdoo attended rural schools until his family moved to Knoxville, Tennessee, in 1877, when his father became a professor at the University of Tennessee.

He graduated from the University of Tennessee and was a member of the Lambda Chapter of Kappa Sigma Fraternity. He was appointed deputy clerk of the United States District Court for the Eastern District of Tennessee in 1882. He married his first wife, Sarah Hazelhurst Fleming, on November 18, 1885. They had seven children: Harriet Floyd McAdoo, Francis Huger McAdoo, Julia Hazelhurst McAdoo, Nona Hazelhurst McAdoo, William Gibbs MacAdoo III, Robert Hazelhurst McAdoo, and Sarah Fleming McAdoo.

He was admitted to the bar in Tennessee in 1885 and set up a practice in Chattanooga, Tennessee. In the early 1890s, he lost most of his money trying to electrify the Knoxville Street Railroad system. In 1892 he moved to New York City, where he met Francis R. Pemberton, son of the Confederate General John C. Pemberton. They formed a firm, Pemberton and McAdoo, to sell investment securities.


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