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...suit is the climax of a long-standing antipathy between the two wealthiest men in U. S. political life. One of course, is Secretary of the Treasury Andrew W. Mellon, aluminum potentate and banker. The other is that onetime coal-yard-worker, James Couzens, who is now Senator from Michigan. They have been at swords' points ever since 1924 when Senator Couzens expressed hearty disapproval of Secretary Mellon's tax reduction program. A year later, Senator Couzens began poking into the affairs of the Bureau of Internal Revenue, made public a report, charged the Treasury Department with laxity...

Author: /time Magazine | Title: THE CABINET: Millions | 1/17/1927 | See Source »

...full of stories about the great days of the silver rush at Virginia City; of how he had drunk and gambled away his takings; about how his partner, Billy Clark, had been more sensible, saved his metal, gone into politics, retired as one of the country's wealthiest men with money to burn "down East" on rich living, art and suchlike...

Author: /time Magazine | Title: Arts: Clark Books | 6/21/1926 | See Source »

...Established in 1841 as the Fifth Avenue Baptist Church. It is the wealthiest Baptist congregation in the world. John Davison Rockefeller Jr. is honorary president of its Bible Class, of which Charles Evans Hughes was once leader. Dr. William Herbert Perry Faunce, President of Brown University, founded the class. (Both Hughes and Rockefeller attended Brown. Hughes' son went to Brown [1909], but Rockefeller's eldest son is at Princeton...

Author: /time Magazine | Title: Religion: Baptist Fane | 2/22/1926 | See Source »

Bishop Charles W. Nibley, multimillionaire, the wealthiest Mormon in the world. It had been anticipated that Rudger Clawson, President of the Quorum of the Twelve Apostles, might be made Counsellor. In that event, Reed Smoot, ranking Apostle, would have been made President of the Quorum, would thus have been in direct line to the succession as President of the Mormon Church. But the spiritual duties of being President of the Quorum of the Twelve Apostles would have required Apostle Smoot to give up the time which he now devotes to being senior U. S. Senator from Utah...

Author: /time Magazine | Title: POLITICAL NOTES: Miscellaneous Mentions: Jun. 15, 1925 | 6/15/1925 | See Source »

...company" under the title "Blenheim Estate Co." The Duke will be the hereditary governing director with a controlling share of the stock. The other stockholder is Lord Ivor Spencer Churchill, the Duke's second son. The Duke, whose first wife was Consuelo Vanderbilt, and who is one of the wealthiest peers of the realm, took this step to escape the crushing taxation which is levied upon private fortunes. The capital of the Company is about...

Author: /time Magazine | Title: Notes, Apr. 6, 1925 | 4/6/1925 | See Source »

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