Word: mellons
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Dates: during 1920-1929
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...Reduction. The President advised tax reduction and pressed the Mellon plan. Congress has passed a tax reduction bill, but it differs in many respects from the Mellon plan, notably by having considerably higher surtaxes...
...entire week the Senate labored over the tax reduction. When the surtax schedules were reached, it was expected that several days would be spent in debate. Instead, after only one day, the Democrats forced a vote and supplanted the Mellon rates by the rates proposed by Senator Simmons, North Carolina, Democrat (surtaxes beginning at 10% on $10,000 increasing to 40% at $500,000; normal tax 2% up to $4,000, 4% from $4,000 to $8,000, 6% above $8,000). The vote on the Simmons plan was 43-40 for the surtaxes and 44-37 on the normal...
...consistent equestrian,' was pleased." Albert B. Fall, ex-Secretary of the Interior: " At Santa Monica, Calif., one Mrs. Katherine Petty was arrested, charged with carrying concealed weapons. Letters and telegrams found in her apartment and signed with my name, established her identity as my sister." Miss Ailsa Mellon, daughter of Secretary of the Treasury Mellon: " At the weekly luncheon of the ladies of the Cabinet, it was announced that I was indisposed. It later developed that I had a 'slight touch of measles.' " Mrs. Magnus Johnson, wife of Minnesota's junior U. S. Senator: " From...
...government of itself could not to all this alone," Mr. Mills admitted. "The real question is, has the government done all it could toward bettering the conditions? I emphatically answer yes. The government, in the first place, has given business a feeling of security. In Hughes, Hoover, and Mellon the whole country has the most confidence. In the second place it has put its own house in order, by reducing the expenses of government, and in the third place it has proved the protective system once again most beneficial...
...Treasury Department has per- formed magnificently", Mr. Mills said becoming very enthusiastic. At the beginning of the present term there were over $7,500,000,000 worth of obligations to be cancelled. So soundly were things handled by Secretary Mellon, that this debt was reduced $5,500,000,000 without the least disturbances...