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Show I RAILWAY POLICY 1 ILL I nXEfl NEW YORK, Dec. 15. William G. ' 'McAdoo, In an address here today on ? : the eve of his retirement as secretary j of the treasury, predicted the success I of the fifth Liberty loan and declared :, that it was for a majority of tho peo-y, peo-y, pie to decide whether "the nation's ; railroads should be privately or gov-' gov-' ernment owned. 1 Speaking at a "union peace Jubilee," ; -held by the congregations of six leading lead-ing Episcopal churches. Mr. McAdoo ( asserted that in the first four loans the people of America had displayed ( " a spiritual, almost religious, inter-1 , !S3t" j "American spirit aroused by this -fisht for freedom," he declared," will! . make the new loan a success, if tho , , isubscribers have to wear tattered Clothing in order that the fighting boys be brought home and properlv cared for." Of the railroads, Mr. McAdoo said: ; "Taking over tho railroads was a necessity I did not care whether the . government or private parties owned them, but when Uncle Sam needed Ihose railroads for the transportation ; Df troops and supplies everything else had to give way and private owners . had, for the time being at least, to step , aside ; "The question of governmental or private ownership is a debatable one . and hardly suited to church discussion. What the majority of the American people will say on the subject must be, accepter as being right. The majority said they wanted a Republican congress con-gress and they got it, but still I say that the American people's wish is right, even If I am a Democrat," After praising the selective service act, Mr. McAdoo discussed the soldiers' sol-diers' and sailors' Insurance bill, saying say-ing that tho insurance money will be paid direct to the beneficiaries and "there will be no necessity of going to congress, hat in hand, begging for charity." "Every justice will be done even' (deserving soldier and sailor," he add-i add-i ed, "and he will be given generous treatment by a grateful nation, which does not intend to lot Its brave lads or their dependents suffer." oo |