| |
| | Andrew William Mellon (Site not responding. Last check: 2007-10-08) |
 | | In 1889, Andrew Mellon led in establishing the Union Trust Company of Pittsburgh-later to become one of the larger financial institutions in the United States-and then the Union Savings Bank was created as a subsidiary firm. |
 | | As secretary, Mellon worked for a downward revision of income taxes and surtaxes, and in spite of drastic tax curtailments, he reduced the national debt from $24,298,000,000 in 1920 to $16,185,000,000 in 1930. |
 | | One of the major figures in the industrial and financial development of the kans-Allegheny region, Andrew W. Mellon (1855-1937) was appointed Secretary of the Treasury by President Warren G. Harding in 1921, and he continued to serve under presidents Calvin Coolidge and Herbert Hoover. |
| www.omhros.gr /Kat/History/Txt/Ec/MellonAndrew.htm (906 words) |
|