Word: mellons
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Dates: during 1940-1949
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...city plan that the War Department was trying to upset was not the plan that Major Pierre Charles L'Enfant presented to President Washington in 1791, but it was still based on that celebrated original. For actually getting today's Washington built, Andrew Mellon was as responsible as any man. As Secretary of the Treasury he fostered the famed Triangle Development, 50 acres of marmoreal bureaucracy between Pennsylvania and Constitution Avenues, in the city's most congested quarter. Following many of the suggestions of the McMillan Commission, which revitalized neoclassic Washington in 1902 and revived the basic...
...Roosevelt Administration has kept undeviatingly to the Mellon-sponsored plan. By 1936 L'Enfant's Mall was finished, though the Major's Gallic eyes would have popped at the huge neo-Grecian temples battlementing its northern length. Business houses, even churches near certain Federal areas now conform to the plan...
...Department was somewhat taken aback to find how deeply Washington is attached to its L'Enfant-Mellon plan. Senators rumbled. The President wrote an admonishing letter. The press said: You can't do that. Someone suggested that the Department move to the 550-acre grounds of the Soldiers' Home in north Washington. It began to look as though the War Department had raised a potent ghost...
London gave its whoppingest luncheon reception of the war to Commentator Raymond Gram Swing, visiting lion of the hour. Cost: about $2,000. Among those present: 18 cabinet members. Rare gastronomical tributes: chicken, fresh asparagus, white wine, aged French brandy. ∙∙ Aluminum Multimillionaire Paul Mellon, 34, son of the late Andrew W. Mellon, volunteered for Army service to beat draft deferment because of his age, asked assignment to the cavalry. ∙∙ Ex-Ambassador Joe Kennedy's son, Joe Jr., 25, reported for Navy training as a flying cadet at Squantum, Mass, ∙∙ John T. Dorrance...
...time to make much capital of this point, another test case proved the opposite. The Philadelphia Co. offered $48,000,000 of 4½% bonds, $12,000,000 of serial notes. The bonds were won competitively by a Kuhn, Loeb and Smith, Barney group for 100.3375, the notes by Mellon Securities and First Boston Corp. for 100.07. Next day the underwriters reported unusually high takings by small dealers, as well as by the public...