Word: mellons
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Dates: during 1930-1939
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Having pumped his best testimony from Mr. Mellon's confidant, Counsel Jackson was forced to let Counsel Hogan make his point-of-the-week by means of a Government witness. Thumping away at his theme song of political persecution, Lawyer Hogan got a Deputy Commissioner of Internal Revenue to admit that an Assistant Attorney General had initialed the Bureau's letter notifying Mr. Mellon of his tax deficiency. The Hogan conclusion: Attorney General Cummings for political and personal spite had inveigled a reluctant Internal Revenue Bureau into pressing the case against Mr. Mellon...
...Assumption Day last August important art news leaked from Moscow to Riga, from Riga to Paris, from Paris to the front pages of the U. S. Press. The news leak: Andrew William Mellon had bought Sanzio Raphael's Madonna of the House of Alba for $1,500,000 from the Union of Soviet Socialist Republics (TIME...
...November another Mellon art story broke. The 79-year-old Pittsburgh multi-millionaire was supposed to be preparing to turn over all his pictures to a new public museum to be built either in Pittsburgh or Washington. Again Mr. Mellon came forth with a solemn, straight-faced denial...
Last week Mr. Mellon stood convicted in the public prints of some fancy fibbing about his art collection. He had bought the Alba Madonna from Soviet Russia, not for $1,500,000 as reported from Moscow but for $1,166,400, highest price ever paid for a single masterpiece. As long ago as 1931 he had started putting money into a trust fund to build a public art gallery in Washington. These facts were developed at a tax hearing in Pittsburgh last week (see p. 14). With the air of introducing a great patriot and generous patron, Frank J. Hogan...
...Mellon collection has been assembled almost entirely through the New York house of Knoedler & Co. According to Lawyer Hogan, it is today valued at $19,000,000. Though generally assumed to be one of the finest private collections of old masters in the U. S., its complete make-up is still unknown to outsiders-largely because of Mr. Mellon's habit of issuing diplomatic denials every time the Press gets wind of a new acquisition. If and when the collection is publicly exhibited in a Mellon museum, students and critics will have a chance to view the following world...