Word: mellons
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Dates: during 1920-1929
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Officials. By no means all officials are good performers. The unofficial stage managers quickly pick their favorites and offer them all the best engagements. Of the present Cabinet, Messrs. Stimson, Mellon, Adams, Lament and Mitchell are booked in advance. Only a few Senators and their wives hold the steady interest of Washington Society. Among these are Senators Bingham, Couzens, Edge, Hale, Johnson, Moses, Phipps, Shipstead, Wagner, Tydings. Senator Borah still moves at the edge of this group, an old lion whose mane and roaring once petrified and enchanted but are now too familiar to impress...
...inexpensive hotels near Washington's Union Station. Seldom are these second-rate social troopers seen in Northwest Washington after 6 p. m. When a second-rate Congressman does scale the heights, he usually does something gauche-like the Senator who had himself flash-lighted as he entered Secretary Mellon's home to dine...
Thus spoke, last week, Secretary of the Treasury Andrew William Mellon over the radio from Washington. Conjured up by his hopeful words the heart of many a wage-earner and professional man leaped with...
...Federal Reserve System. What with the Glass outburst and a Federal Reserve Board meeting, the market began April in a nervous condition, and stock averages sweated off over four or five points while call money got up to 15%. The Board, however, did nothing; Secretary of the Treasury Mellon being quoted as saying that neither the rediscount rate nor the Mitchell resignation were even discussed. Merger Mitchell. ''Very interesting," was all that Banker Mitchell said when told of the Glass attack. Mr. Mitchell's mind was occupied with an important matter - the merger of National City with...
...Pierpont Morgan. During the week Mr. Young was palpably embarrassed when Frenchmen began calling his Bank of International Settlement, the "Bank of Nations," thus linking it by verbal implication with the League of Nations. In the authoritative Paris Temps, M. Le Senateur Victor Henry Berenger-who negotiated the unratified Mellon-Berenger Franco-U.S. debt settlement-wrote lyrically: "La Banque des Nations is as necessary now as national banks were a century ago, for nations have become mere provinces. If bankruptcies and ruin, which have followed the years 1914 to 1918, are to be avoided, if a new war, even...