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“Europe. With FDR’s approval, Mellon financed construction of the gallery and donated his vast collection of art, then valued at $50 million. He died a few months later, just before the Board of Tax Appeals unanimously cleared him of all charges. The National Gallery of Art was completed in 1941. Thirty years later, a second building was added. It became known as the East Building; the original became known as the West Building. A statue honoring Mellon now sits in a”
― The Bubble Gum Thief
― The Bubble Gum Thief
“As secretary, Mellon was a pioneer of supply-side economics, cutting tax rates in order to spur investment and economic”
― The Bubble Gum Thief
― The Bubble Gum Thief
“growth, while slashing the national debt by more than 30 percent. Throughout most of his tenure, the nation enjoyed unparalleled prosperity, and his public service and numerous philanthropic endeavors made him a beloved national figure. As Time magazine later noted, he was widely considered the “greatest secretary of the treasury since Alexander Hamilton.” And then the stock market crashed in 1929. Mellon resigned from office in 1931, and Hoover lost reelection two years later. After taking office, Franklin Delano Roosevelt drew up a list of enemies and scapegoats. Mellon topped the list. FDR demanded that the IRS audit Mellon’s tax returns.”
― The Bubble Gum Thief
― The Bubble Gum Thief
“But in 1936, weak and weary and dying of cancer, Mellon met FDR for tea at the White House and told him that he wanted to create a National Gallery of Art in the nation’s capital that would rival the best galleries”
― The Bubble Gum Thief
― The Bubble Gum Thief
“Andrew Mellon served as an officer or director for more than 160 corporations. In 1913, he and his brother established the Mellon Institute of Industrial Research, which later merged with the Carnegie Institute of Technology to become Carnegie Mellon University. During the First World War, he served on the board of the American Red Cross and other organizations supporting America’s wartime efforts. In 1921, President Warren G. Harding appointed Andrew Mellon to secretary of the treasury, and he continued as such under both Calvin Coolidge and Herbert Hoover. As secretary, Mellon was a pioneer of supply-side economics, cutting tax rates in order to spur investment and”
― The Bubble Gum Thief
― The Bubble Gum Thief
Brian’s 2025 Year in Books
Take a look at Brian’s Year in Books, including some fun facts about their reading.
872 books
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127 friends
243 books
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49 friends
1 book
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7 friends
96 books
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49 friends
26 books
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48 friends
38 books
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63 friends
6 books
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43 friends
178 books
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5 friends
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