Word: mellons
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Dates: during 1930-1939
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When Andrew Mellon resigned as Secretary of the Treasury in 1932 to become Ambassador to Great Britain, he was followed in Herbert Hoover's Cabinet by his able assistant, Ogden Livingston Mills. This week, Andrew Mellon was followed by his junior again. Not quite six weeks after "the greatest Secretary of the Treasury since Alexander Hamilton" died of old age in Southampton, L. I, Ogden Mills, 53, died of heart failure in Manhattan...
That Andrew Mellon stayed on as Secretary of the Treasury under Herbert Hoover after supporting Calvin Coolidge in the 1928 Republican Convention, was partly because by that time he had become practically a U. S. institution. Closer to and better liked by the President, Ogden Mills really ran the Treasury for two years before his superior resigned. Since 1933, Ogden Mills has been trying to help put the Republican Party together again, running his private finances which included directorships in Cerro de Pasco Copper Corp., Chase National Bank, Mergenthaler Linotype Co., National Biscuit Co. and Seaboard Oil Co. A liberal...
...face of its new $6,000,000 Parthenon-like building, the Mellon Institute in Pittsburgh last week found painted in letters six feet high the New York University-Carnegie Tech football score: N.Y.U. 18. C.T. 14. The fan who did the job, a New Yorker but no N.Y.U. alumnus, was soon discovered, but Pittsburgh police could not extradite him for malicious mischief. Meantime, the institute's scientists in whom U.S. tycoons have invested $11,478,406 for industrial research, notably into paints and chemicals, threw all their resources into removing the black asphalt paint. In the end, they could...
Point after Curtis Harvard J. V. Providence '41 Hoar, Kelley le. re. Quirk, Workerski Cabitor, Harrington, Tonks, lt. rt. Gorski Mellon, Jenkins lg. rg. Petrarca Wood, Fuller, c. c. Sarris Snyder, Emerson, Ellis rg. lg. Marczio Armstrong, Reed, Jenkins, Gale rt. lt. Zrako, Alex Smith, Soule, Kennedy re. le. Sullivan Robinson, P. Johnson, Squibb qb. qb. Danahy Curtis, Thompson lhb. rhb. Pawshki, Donke Cordingley, Jones, Boulger rhb. lhb. Barry Sargeant, L. Johnson, Lewis, Gardnor fb. McCarthy, Cerra...
...start of this week the market gave itself a breathing spell, the list climbed a few points back up the ladder. Meanwhile from a prime U.S. capitalist came a remark reminiscent of Andrew Mellon's famed quip early in 1929 that "gentlemen prefer bonds." Said Chairman Ernest Tener Weir of National Steel Corp.: "I think that the present situation can be made very serious unless people stock, look and listen...