Word: mellons
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Dates: during 1920-1929
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...renger, as everyone knows, was a member of the ill-fated Caillaux debt mission (TIME, Oct. 5, 12) which set itself a rigid limit of seven days in which to beat down Secretary Mellon's terms, and departed in dudgeon when "Wizard" Caillaux was unable to do much more than exasperate everybody during that period. He took back to France, as everyone knows, only a stopgap U. S. offer to accept $40,000,000 a year for five years as a full discharge on the interest of the French debt for those years. The Painlevé Cabinet, in which...
...well known that M. Bérenger was opposed from the first to M. Caillaux's program of attempting to deal with Secretary Mellon "in the manner of an actor defying his landlady." Now Ambassador Bérenger, Rapporteur Général du budget au Sénat, is supposed to be coming to present tactfully the books which show France's "capacity to pay," and with the intention of remaining in the U. S. until a settlement is reached based upon a mutual flinging of all cards upon the table...
Before the Committee reported, Secretary Mellon appeared before it. He told the Committee: 1) That the agreements with Latvia, Esthonia, Czechoslovakia and Roumania conform with only slight variations to the form of the agreement established when the British debt was funded. 2) That some concessions were made to Belgium on her pre-Armistice debt. 3) That in the case of Italy substantial concessions had to be made because her capacity to pay was small; the full principal of the debt is to be paid, but interest will vary during 62 years from ?% to 2%. He called attention...
...there, whether simply as a brilliant idea or because it had advance knowledge that the word would soon get there. It was not scientific interest in the light and very useful metal which elevated it to the headlines; it was its connection with the name of Mellon, for the Mellons, headed by Andrew W., Secretary of the Treasury, have long been the leading factors in the great Aluminum Co. of America, and posting aluminum in the headlines was the signal of an attack on the Secretary of the Treasury...
...that the Republican members of the Senatorial finance committee have graciously allowed their Democratic colleagues to amend the original measure, the tax-reduction bill seems destined for smooth sailing in the upper chamber. For, despite the fact that the new tax schedule embodies all the essentials of the unsuccessful Mellon plan of last session, there is no organized opposition to its passage...