Word: mellons
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Dates: during 1940-1949
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From war's end to now Taylor has been back on the domestic scene, writing the story of U.S. politics, labor-management problems, the economy. A few of his other cover subjects : John L. Lewis, Tom Dewey, Robert Taft, Dean Acheson, Eugene Dennis, Richard Mellon. A fine craftsman and a thoroughly professional journalist, he has a special talent for sizing up his man in his lead paragraph. His cover story on former Speaker of the House Joe Martin (TIME, Nov. 18, 1946) began: "About all that little Joe ever did was brush the flies off the horses...
...sure, there are persuasive illustrations ad nauseum of the effect of the Mellon approach on U.S. economic history [TIME Oct. 3]. However, to show its full extent, one fact should be noted. In 1926 the federal gift tax was repealed and the federal estate tax was reduced significantly (except for John Garner, it would have been repealed). This abolition and reduction occurred primarily through the influence of one man, Andrew Mellon...
Died. William Larimer Mellon, 81. multimillionaire banking and oil tycoon and member of the famed Mellon family (his uncle, Andrew W. Mellon, was onetime Secretary of the Treasury, his cousin is Banker Richard King Mellon-TIME. Oct. 3); in Pittsburgh. He helped organize Gulf Oil Corp. in 1907, developed it into the world's fourth largest oil producer (total assets...
From the open eye in the wall of the Union Trust, R. K. Mellon could look out on this reassuring vision. Here in $38 million of new buildings, Pittsburgh was asserting its iron-jawed belief in itself, and its iron-jawed confidence that it could set things right. The Allegheny Conference was an experiment in a new and wiser capitalism-working to repair the damage done by the purposeful haste and thoughtlessness of the old empire builders. If capitalism couldn't do it, the men of Pittsburgh were convinced, no one else could...
...other members: his sister Mrs. Alan Scaife; cousin Paul and Paul's sister, Mrs. Ailsa Bruce; and their elderly cousin, William Larimer Mellon...