Word: mellone
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...Business School League the final games will be played today between Chase I and Hamilton II and between McCulloch I and Mellon. The winners will play for the title tomorrow and on Tuesday the champions will meet a faculty team in the annual contest. The students are favored to repeat their victory of last year...
...inconsistent with Presi dent Joyce's nature. He is aggressive from head to foot, fist to jaw. Chicago-born ("back of the yards") 52 years ago, he began work when he left grammar school, pushing a wheelbarrow in a brickyard. He rose until he was president of the Mellon-controlled Standard Steel Car Co., now a part of Pullman. He plays golf only as a concession to friends, does not like the theatre, hates formal entertaining. But he never misses a good prizefight. At stag parties his songs start early, are famed & frequent. Just as many a tycoon seeks relaxation...
William Larimer Mellon, nephew of Secretary of the Treasury Andrew William Mellon and chairman of Gulf Oil Corp. was elected a member of the executive committee of Westinghouse Electric 6 Manufacturing Co. He succeeds the late Harrison Nesbit, killed in an automobile accident...
Articles which may have to suffer imposition of the luxury tax are: automobiles (a tax eliminated in the 1928 Revenue Act over the protest of Secretary Mellon), theatre & cinema tickets (no tax now exists on tickets worth less than $3), matches, radios, cigarets. Criticism of luxury levy was not long forthcoming. "It is perfectly ridiculous!" scoffed fiscal-minded Senator McNary of Oregon...
National Credit Corp.'s directors enthused over a Treasury ruling made by Secretary Mellon last week. This decision permits banks to secure U. S. Government deposits by putting up Credit Corp. debentures instead of U. S. bonds and banks acceptances previously required. This will enable banks who need additional funds to keep their Government deposits but will release their bonds and acceptances which may then be taken to the Reserve, used as collateral for loans. It was the first important ramification of the President's Super Plan. It was more definitely inflation (creation of new credit) than anything...