Word: mellons
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Dates: during 1920-1929
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Secretary Mellon of the U. S. Treasury and Chancellor Churchill of the British Exchequer came as near as statesmen ever do to calling one another "Liar!" last week. The Secretary was vacationing on the continent. The Chancellor was busy at London. Neither was within earshot of the other, but, through a series of suave but venomously couched official statements, they exchanged compliments with rough-and-tumble intent...
...Treasury set out to combat Franco-British propaganda against "U. S. debt Shylocking" by announcing over Mr. Mellon's signature: 1) that under the Mellon-Berenger agreement, if and when ratified, France will repay a sum roughly equivalent to only her post-War borrowings from the U. S., and may therefore be said to have been forgiven her War debt entire; 2) that "England borrowed a large proportion of its debt to us for purely commercial, as distinguished from War, purposes to save borrowing from its own people." (i. e. Britain deserves no cancellation of these "commercial" camouflaged...
Rising irate in the House of Commons, fiery Chancellor Churchill cried: "The words Mr. Mellon is quoted as using indicate a complete misapprehension of the case so serious that one almost doubts the authenticity of the quotation...
Andrew W. Mellon, Secretary of the Treasury, accompanied by his son Paul, sailed for Europe last week on the Majestic to visit his daughter and her husband, David Bruce, now U. S. vice-consul at Rome. Mr. Mellon had just issued a statement saying that the pre-armistice debts contracted by France, Italy, Belgium were all actually canceled by the terms of the settlements made with the U. S., but that these agreements in no way affected peacetime or commercial loans. General Lincoln C. Andrews, Assistant Secretary of the Treasury in charge of Prohibition enforcement, talked, meanwhile, with Britishers...
Throughout newspaperdom gleeful journalists reflected that obituaries for every aging public man, from Andrew William Mellon, 72, to Chauncey Mitchell Depew, 92, lie ready in the desks of most editors. Why not print them as their subjects reach the age of 70? Messrs. Mellon, Depew, and many another cheerful bigwig would relish well the jest. Would not many a reader prefer to scan while his idol is yet in the quick those shrewd estimates of attainment, and compendiums of little known facts reserved by custom for obituaries...