Show SAYS DEMOCRATS WILL ILL NAME ME Wl M MADOO Smoot Springs Surprise t pin in n Washington With t Revelation I By John 1 U ou Corr Correspondent lIpond nt 1 May lly 19 Speaking Speaking before before before be be- fore District of or Columbia Republicans Senator Reed 1 ed Smoot predicted today toda that William G. G McAdoo would be nom nom- for president by the Democrats D lie said ald Mr McAdoo told railroad men In New Mexico I 1 did everything for tor I you ou when I was secretary of or the treasUr treasury treas treas- Ur ury and now and now I T expect exp you ou to aid the administration I Senator S Smoot also challenged ed in the Senate statements made by McAdoo that certain coal mining companies had made oer 2000 per cent profit as shown thon by income tax tn- returns returns' In tho the treasury According tb Senate document No zo said Senator Smoot the capital stock l of ot the company compan to which Mr Ir McAdoo referred W was while Its I Invested d capital was It Is Js true that hat on Its capital stock It did make more than 2000 per cent but on onUs Its Us Investment the tho percentage was 2479 I know that's too large a profit but why II try to make the people of or tho the United States believe that upon the mone money Invested In by an Institution In Inan an any kind of business has hag made more than 2000 per cent profit when It Is not true I 1 wonder why Mr Ir McAdoo did lid not refer to code No Xo 13 in the document docu docu- ment ent showing that an older company compan mL made e on Its capital stock per cent and on Its Investment per cent Neither ither company should have have- been all al allowed al- al l lowed to mD make mae e such profits but there t 3 difference b between tween these percentages percentages per per- and a half halt truth la Is worse t than aJ a l falsehood al many times |