He made an unsuccessful attempt in
1915 to obtain the passage of a met
chant marine bill. He also brought
aboSt" the first Pan-American Finan
cial Conference in 1915 and visited a
number of South American 'countries
in the interest of the present Interna
tonal High Commission.
Probably the greatest single accom
plishment during his incumbency as
Secretary of the Treasury was his
floating for the first four Liberty
Loans. Against virtually the unani
mous advice of financial authorities,
he decided to raise the loans by pop
ular subscriptions. Some of the best
financial talent of the country advised
COX
HAILED
A3 COUNTRY'S
BEST CHOICE
tan Francisco, July 1. The De
mocracy of Ohio, the home state of
the Reiptiblican presidentoal nominee,
urged the national convention today
to select Governor James M. Cox as
the Democratic candidate for Presi-
him before the opening of the First dent.
Liberty Loan to ask for not more than "With Cox as your candidate, Ohio
$500,000,000 and to make the inter-' is Democratic, and with Ohio Demo
est rate 5 per cent. He asked for $2,- ' era tie, victory .is yours," declared
000,000,000 at a three and one-half Judge James G. Johnson, of Spring
per cent. rate. The loan was subscrib- field, Ohio, in formally presenting
ed one and one-half times. In subse- Governor Cox's name.
qeut loans he almost invariably "offer- I "The election this year will fix the
ed the bonds at less rates of interest status of America for a generation.
