Word: mellons
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
...October, if there is no business depression. Newspaper headlines were more conservative than in the past. Editors recalled that President Coolidge, last November, had "foreseen" tax reduction in the session of Congress just ended; but Republican leaders would have none of it. Secretary of the Treasury Andrew W. Mellon, with customary caution, refused to talk of tax reduction in 1928. But the fact remains that the Treasury now expects by July 1 to have a surplus close to $600,000,000, instead of the $383,000,000 predicted. It is highly probable that a large part of the surplus will...
Through the U. S. mails, last week, went a fat letter. It was addressed to President John Grier Hibben of Princeton University and signed by Secretary of the Treasury Andrew W. Mellon. It contained Air. Mellon's theory of foreign debt settlements and a systematic rebuke to the academicians of Princeton and Columbia who recently urged a reconsideration and revision of the debt pacts. Soon President Hibben replied, and amid the clash of opinions facts became cloudy. But the following facts, as stated by Secretary Mellon, were not challenged...
...salaries of the Army, the Congress and the big Na-vee. Last week, approximately 5,000,000 citizens gingerly unfolded crisp new income tax blanks, racked perplexed brains while they tried to figure how much they owed of the $1,700,000,000 total Treasury Secretary Andrew Mellon expects.* Some, puzzling over the instructions, were gripped by despair, saw the five-year prison terms and $10,000 fines provided in Section 28 of the Instructions for false or delayed returns, staring them in the face. Most will not find the burden overheavy The $30 a week clerk will find...
...busiest season is immediately ahead. In contrast to this industrial quietude, money is plentiful. Therefore the values of securities have risen, as people have insistently sought outlets for investments. Because such investors are. willing to accept low interest payments, they snatched at U. S. Secretary of the Treasury Mellon's offerings last week of $450,000,000 Treasury certificates paying 3⅛% and 3¼% interest, and at new 3½% five-year treasury notes. Their eagerness will help the Government save $25,000,000 yearly interest payments on Second Liberty Loan Bonds...
...Morrow. (Dwight W. Morrow-looked upon by some as a likely Secretary of the Treasury should Mr. Mellon quit. At Amherst, in 1895, so runs the fable, everyone but one voted Morrow "most likely to succeed." Morrow voted Coolidge "most likely to succeed...