Word: mellons
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Dates: during 1930-1939
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...appointment of Secretary Mellon as Ambassador to the Court of St. James, although the cause of some surprise, is a natural and logical move. During Mr. Hoover's presidency, Mr. Mellon has not dominated the financial policy of the government as in previous administrations. The influence of Undersecretary Ogden Mills has been increasingly important in recent years. At the same time, Secretary Mellon has special qualifications which seem to have marked him out for his new post...
...prosecuting argument: Mr. Mellon is a heavy stockholder in Aluminum Co. of America; for it he had negotiated a business deal in 1925 with the late James B. Duke; ergo he is in trade. Gulf Oil Corp. owns seagoing tankers; Mr. Mellon is a large stockholder in Gulf Oil; et go he is an owner of sea vessels. Under him the Treasury has issued a publication called The Federal Architect which recommends the use of more aluminum in the current public buildings program, thus drumming up trade for Aluminum Co. He has caused "millions" of dollars in taxes...
...personal attorney before the committee, Secretary Mellon chose a man even younger than Impeacher Patman. As a young clerk "Alex" Gregg entered the Treasury in 1920, became Solicitor of the Bureau of Internal Revenue, retired in 1927. Last week Lawyer Gregg, now out in private practice, arose before the Judiciary Committee to defend his chief...
...defense argument: Mr. Mellon owns only about 15% of Aluminum Co. The holdings of his family are not at issue. He controls no corporation. He owns no bank stock. Stock ownership does not constitute "trade or commerce." From Hamilton to McAdoo and Glass Treasury Secretaries have owned stock without violating the statute. Mr. Mellon personally owns no sea vessel. He never passes on tax refunds. He was allowed a refund of $91.000 on his taxes but was also assessed an additional $209,000. making a net tax loss of $118,000. A bumptious Treasury employe once labeled papers relating...
...with the dignity which Presidents so frequently require. His hands were white and soft upon his lap. On Mrs. Hoover's kind face matronly warmth was mingled with, but did not in fringe upon, a hauteur fitting for her station. Other faces on the walls ? solemn Andrew William Mellon, wise Elihu Root, martial John Joseph Pershing, temperate Frank Billings Kellogg?made it apparent that the distinction of appearing on a de Laszlo canvas could only be surpassed by that of appearing on a postage stamp. King Fuad of Egypt was painted from the side, against a tan background which...