News

Andrew Mellon, treasury secretary to three presidents, slashed government spending but ultimately saw his legacy tarnished by ...
Andrew Mellon, one of the richest men in the ... In June of 1930, President Herbert Hoover signed into law the Smoot-Hawley Tariff Act, significantly raising taxes on imported goods in hopes ...
“Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate,” Mellon advised, as recounted by President Herbert Hoover in his memoirs. The liquidationist approach “will ...
The words of Andrew Mellon (as recalled by Herbert Hoover) come to mind: “Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate. Purge the rottenness out of the system.… ...
Bessent’s marmish admonition is prompting comparisons with Andrew Mellon, Herbert Hoover’s Treasury Secretary at the beginning of the Great Depression, who advocated severe austerity ...
WASHINGTON, March 4, 1921 (UP) - President Warren G. Harding and Vice President Calvin Coolidge assumed office today. The inaugural ceremonies that gave the nation its twenty-ninth chief executive ...
(The venue for the crypto ball was DC’s Andrew Mellon auditorium—an association ... famously advised Herbert Hoover to “liquidate labor, liquidate stocks, liquidate the farmers, liquidate ...
At the center of it all was the richest man ever to serve in a presidential administration—financier Andrew Mellon ... The commerce secretary, Herbert Hoover, eventually became president ...