Word: mellons
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Dates: during 1920-1929
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When the Reserve system poured cold water on the stock market, the result was quickly observable in the diminished cheerfulness in general business. Perhaps it was the realization of this which induced Mr. Mellon to issue a quite "bullish" interview, with especially favorable comment upon the extent to which shares have recently risen. At any rate, just as the stock market itself has apparently recovered from the psychological jolt thus administered to it, so have industry and commerce. Retailers, who for a while dreaded a slump until after the Christmas season, are now apparently in a more optimistic frame...
...Cincinnati is seeking a man to rule its destinies. Cincinnati recently decided to adopt the city manager form of government. The members of the city council are looking for a city manager. One of them, Murray Seasongood, last week went to Washington to consult Federal officials-Andrew W. Mellon, Herbert C. Hoover, Dwight F. Davis. City managers are not so numerous as politicians...
Several days after the agreement was made, when it had all been properly embodied in documentary black and white, Count Volpi set his signature to the agreement. Said Secretary Mellon: "Will you express to Premier Mussolini our appreciation of the character of the delegation which he sent to America and of the will to reach an agreement with which they were inspired...
...dollars and cents of the account, so that the total of the debt would come to a round $2,407,000,000. The Count presented another check which was not expected. It was for $5,000,000-the first annual installment of Italy's payments. Mr. Mellon protested that the agreement calling for the payment is not valid until approved by Congress and the Italian Parliament, and that the payment is not due until next June in any event...
...Count's protestations overruled Mr. Mellon: "Our purpose in making this payment now was as a guarantee of our good faith in the agreement that we made and to show the world that Italy intends to carry...