Word: mellons
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Dates: during 1950-1959
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...favoritism for the rich . . . The Republican 'trickle-down' tax philosophy of Andrew Mellon and the 19205 was resurrected in the 1954 G.O.P. tax bill recommended by the Eisenhower Administration and passed by the G.O.P. 83rd Congress. For every dollar of tax relief to stockholders, the Eisenhower Administration felt we could only 'afford' to give less than a nickel to working mothers, a little over a penny to families with foster children, less than a dime to families with heavy medical expense...
Well established as one of the U.S.'s best-known modern composers, Harris at 57 works under a comfortable grant from the Mellon educational trust, is as prolific as ever. He has extensively revised the Seventh Symphony since it was first played in Chicago in 1952, has already started his eighth (specifically designed for recording) and ninth ("On the words of Walt Whitman"). Says he: "I am trying to achieve a dynamic form, something that grows like a tree grows. This new form is something I believe America is going to produce...
...spring of 1939 an imposing building was rising in Washington-the new National Gallery of Art, destined (it was hoped) to become one of the world's great repositories of culture, made possible by a gift from the late Andrew Mellon and a promise of perpetual maintenance from Congress. Before long, the gallery would open, with a great fanfare. Inside its vast walls of naked, flesh-colored Tennessee marble, the public would find a trove of masterpieces from the Mellon collection-such unparalleled works as Raphael's Alba Madonna, Botticelli's Adoration of the Magi...
...English Portraitists: Gainsborough. Reynolds and Romney are returning to favor, though nowhere near the inflated level to which Lord Duveen, the famed Seeing Eye dealer for U.S. millionaires, pushed them during the boom of the 1920s. Then, wealthy Easterners (e.g., Andrew Mellon, Jules Bache) bought them; now, Texas oilmen do. The wide-ranging oilmen, one happy dealer explained last week, "prefer to buy their English pictures in England...
General Matthew B. Ridgway, 60, retiring Army Chief of Staff, was elected chairman of the board of trustees of Pittsburgh's Mellon Institute of Industrial Research, replacing Dr. Edward Weidlein, 67, who continues as president. Ridgeway, having thus turned down a bid to head Henry Kaiser's Argentine operations (TIME, May 2), will coordinate and direct policy of the nonprofit research organization, founded in 1913 by Banker-Industrialists Andrew and Richard B. Mellon, to work with industry in seeking "through . . . research in science . . . results that are of advantage to society...