Word: mellons
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Dates: during 1920-1929
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...President Coolidge denied absolutely that there was any verisimilitude in the rumor that Andrew W. Mellon might soon resign as Secretary of the Treasury...
...seven nations are preparing to fund their debts, and the Debt Funding Commission under Secretary Mellon will be busy for some weeks...
...debt mission (TIME, July 6) called at the Treasury Department for its second conference on the funding of Italy's $2,000,000,000 debt. When the meeting was over, it was announced that there would be no more conferences until late in August. The reason? Apparently Mr. Mellon made it plain that any settlement must be made on the basis of Great Britain's settlement and any modifications must be based on proven incapacity of Italy to pay. Mario Alberti, Italian expert, replied that Italy was the only nation in Europe which was now spending less...
France. Ambassador Daeschner intimated to Secretary Mellon that France would send a debt mission in September to settle the question of funding France's debt of $4,000,000,000. It was suggested that Finance Minister Caillaux might head the mission, but Paris doubted whether he could manage to leave the struggling French Parliament at that time...
...Several soft coal producing companies have repudiated the wage agreement, including 1) the Consolidated Company in which John Davison Rockefeller Jr., "an estimable man with fine traits, religious and God-fearing," is a large stockholder, 2) the Pittsburgh Coal Co., "one of whose most influential stockholders is Andrew W. Mellon . . . perhaps the ablest Secretary [of the Treasury] since Alexander Hamilton, a man with admirable traits"; 3) the Bethlehem Mines Corporation, owned by the Bethlehem Steel Co., "of which Charles M. Schwab, a great American, is a dominant factor...