William G. McAdoo to Benjamin Strong Jr.

Title

William G. McAdoo to Benjamin Strong Jr.

Creator

McAdoo, W. G. (William Gibbs), 1863-1941

Identifier

WWP18481

Date

1914 November 4

Description

William G. McAdoo sends a telegram to Benjamin Strong Jr. on the status of the cotton loan fund.

Source

Benjamin Strong Jr. Papers, New York Federal Reserve Bank

Language

English

Text

WESTERN UNION
TELEGRAM
RECEIVED AT 16 Broad St. (Stock Exchange Bldg.), N. Y.
55W BF 150 GOVT QGW
WASHINGTON D C NOV 4M1914
BENJAMIN STRONG JR
27 PINE STREET,
NEWYORK
REPLYING TO YOUR TELEGRAM THUS FAR LOUISVILLE HAS PROMISED ONE MILLION OF TWO MILLION ALLOTTED RICHMOND FIVE HUNDRED AND SIXTY THREE THOUSAND OF ONE MILLION ALLOTMENT STLOUIS SEVEN AND ONE HALF MILLION, BEING ENTIRE ALLOTMENT, WASHINGTON WILL PROBABLY TAKE ITS ONE MILLION ALLOTMENT, CHICAGO HAS TAKEN TWELVE MILLIONS OF TWENTY MILLION ALLOTMENT TRYING TO RAISE ADDITIONAL AMOUNT, CINCINNATI HAS SUBSCRIBED ENTIRE ALLOTMENT OF TWO MILLION. FOLLOWING CITIES ALL WORKING ON PLAN, CLEVELAND ALLOTMENT TWO MILLIONS, BALTIMORE ALLOTMENT TWO AND ONE HALF MILLIONS. BOSTON ALLOTMENT TEN MILLIONS, PITTSBURG ALLOTMENT TWO MILLIONS, PHILADELPHIA ALLOTMENT TEN MILLIONS MINNEAPOLIS ALLOTMENT ONE MILLION KANSASCITY ALLOTMENT TWO AND ONE HALF MILLIONS. LOSANGELES ALLOTMENT ONE MILLION, SAN-FRANCISCO ALLOTMENT ONE MILLION. ADVICES FROM BOSTON AND PHILA INDICATE POSSIBLE SUBSCRIPTION OF FIVE MILLIONS EACH. HAVE SENT TELEGRAM TODAY URGING ALL CITIES TO REPORT BY NOON FRIDAY, IF POSSIBLE.

504P

Original Format

Letter

To

Strong, Benjamin, 1872-1928

Files

http://resources.presidentwilson.org/wp-content/uploads/2017/03/D08167.pdf

Tags

Citation

McAdoo, W. G. (William Gibbs), 1863-1941, “William G. McAdoo to Benjamin Strong Jr.,” 1914 November 4, WWP18481, Benjamin Strong Jr. Papers, Woodrow Wilson Presidential Library & Museum, Staunton, Virginia.