Word: mellons
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Dates: during 1920-1929
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James Couzens, senior U. S. Senator from Michigan, a year ago (TIME, Jan. 21, 1924) opposed the Mellon Plan, which proposed to reduce income surtaxes to 25% maximum. Since then, he has fought with the Treasury on many policies of taxation. A senatorial Committee of which he is the head is just closing a prolonged investigation of the Bureau of Internal Revenue (tax collection...
...would find several items marked: "Accounts receivable." By far the largest one, in fact an account receivable larger than any which has ever been known since the Chinese first invented an adding machine, he would find to be in excess of ten billion dollars. As nearly as Secretary Mellon's secretaries can figure, it is $10,556,804,223.40. Accrued interest is almost two billion more, making twelve. This is the amount owed the U.S. by foreign countries for loans and supplies during the War and reconstruction periods. It is divided-in millions of dollars-as follows...
...boats and larger vessels belonging to the U.S. Coast Guard under the command of Rear Admiral Billard. All these vessels were put at the disposal of General Lincoln C. Andrews, recently appointed Assistant Secretary of the Treasury (TIME, April 13). He directed them, under the general supervision of Secretary Mellon...
...Down the weekend estuary sailed President and Mrs. Coolidge with Secretaries Mellon, Hoover, Publisher Frank E. Noyes (President of the Associated Press), Democrat Arthur P. Dennis (new member of the Tariff.Commission). Their ship went a little out to sea in preparation for a possible June cruise to the summer White House at Swampscott, Mass. ¶Mrs. Ethel Barrymore Colt paid an hour's call on Mrs. Coolidge, then chatted a bit with the President. ¶Mrs. Coolidge set to work on the $50,000 repairing of the White House. The Green Room has faded, must be done over. The elevator...
Secretary of the Treasury Mellon, Presbyterian...