Word: mellons
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Dates: during 1920-1929
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...Americans said in reply) of interest at 4V2% and repayment of less than half of the principal-only $1,750,000,000. This proposal was evidently that on which the French hoped to succeed. The American Debt Funding Commission was divided as to whether it should be accepted. Messrs. Mellon, Hoover, Smoot and Crisp (a subcommittee) discussed it with President Coolidge. At length it was decided that it too should be rejected...
Galena, 111., is subject to floods and very wet weather. So Secretary Mellon thought the Treasury was justified in furnishing rubber boots, coats and hats to Postoffice and Custom House employes stationed there. Then Secretary Mellon wrote a memorandum to Comptroller General McCarl, watchdog of the Treasury, saying that the Galena officials received small salaries and he deemed it only fair to classify rubber boots, etc., as "necessary equipment," not as "wearing apparel" (which must be paid for by the men themselves...
...Said Mr. Mellon...
While the immensely complicated French Debt settlement was under consideration in Washington, Secretary Mellon announced the conclusion of a very simple agreement similar in kind-but not in intensity. The Latvian Government owes the U. S. for War supplies, and for relief supplies furnished on credit, the sum of $5,132,287.14 To this is added interest amounting to $647,275.62. The Latvian Government agreed to pay $4,562.76 immediately, thereby making the indebtedness a round...
Last week French newspapers received heavier cable reports concerning the progress of M. Caillaux's mission (see Page 6, Cabinet) than have ever before flashed eastward over the wires. Frenchmen, early pleased by the cordiality of Secretary Mellon's greeting to M. Caillaux, became angry, excited and somewhat defiant as the rejection of the initial French debt proposals became known. Phrases flew: "France bloodless, the U. S. stuffed with food . . . refuse to discuss the Mellon memorandum . . . Frenchmen slaves for 62 years ... the feudal U. S. mentality . . . 'virtuous' President Coolidge ... if M. Caillaux must return without...