Word: mellons
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Dates: during 1920-1929
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...lifted the curtain of secrecy from the Treasury's income tax operations, sufficiently to reveal the important details of all tax refunds above $20,000. It was a move long demanded by progressives and Democrats in Congress and as long opposed by Secretary of the Treasury Andrew William Mellon. The White House ordered the new policy; the Treasury obediently executed...
Secretary Mellon, after the 1924 experiment, has disliked tax publicity. Last February the Senate was agitating publicity for tax refunds in the first deficiency bill.* Charges had been made that Mr. Mellon's department had secretly doled out large sums in the dark to a favored few. Mr. Mellon wrote to Senator Warren, Chairman of the Senate Appropriations Committee, reviewing the "gauntlet" which tax refund claims had to run in the treasury. Said the Secretary...
Congress nevertheless passed the bill containing, in modified form, a refund publicity clause drafted by Tennessee's loquacious Senator McKellar. So soon as Herbert Hoover became President, Senator McKellar attacked the reappointment of Secretary Mellon with a resolution directing the Senate's Judiciary Committee to enquire into Mr. Mellon's fitness-for-office...
This inquiry is not yet afoot, but President Hoover last week called his Treasury chief to the White House and told him what he wanted in the way of tax refund publicity. Mr. Mellon returned to his office, wrote a letter to the President recommending what the President had explained. Mr. Hoover then signed the necessary order...
Secretary Mellon said he took the action because of "unexpressed Congressional policy" and added: "The publication of the decisions will . . . show conclusively that the Treasury has nothing to hide, that there .is nothing mysterious about tax refunds...