ANDREW MELLON - TYPED LETTER SIGNED 01/04/1922 - HFSID 35448
ANDREW W. MELLON Andrew W. Mellon sends a typed letter about purchasing of silver under the Pittman Act. Typed Letter Signed: "A.W. Mellon" as Harding's Secretary of the Treasury, 1p, 8x10½. Washington, 1922 January 4. To Hon. Dan A. Sutherland, House of Representatives.
Sale Price $414.00
ANDREW W. MELLON
Andrew W. Mellon sends a typed letter about purchasing of silver under the Pittman Act.
Typed Letter Signed: "A.W. Mellon" as Harding's Secretary of the Treasury, 1p, 8x10½. Washington, 1922 January 4. To Hon. Dan A. Sutherland, House of Representatives. In full: "In view of your call at the Department on the question of the purchase of silver under the Pittman Act at the Seattle Assay Office, I enclose for your information a copy of my letter of this date to Senator Poindexter [not present], which sets forth the attitude of the Treasury in the matter. Very truly yours," The Pittman Act of April 23, 1918 provided for the breaking up of not more than 350 million silver dollars and the export of the silver to India and the Orient to benefit the balance of payments of the U.S. and its allies in WWI. ANDREW W. MELLON (1855-1937), who was Secretary of the Treasury under Presidents Harding, Coolidge and Hoover (1921-1932), was noted for his national financial policies to reduce the public debt in America as well as the refunding of European debts. He had started his career in the banking firm of Thomas Mellon and Sons of Pittsburgh, his birthplace, and later became partner and President of the firm that developed into the Mellon National Bank. A Republican, SUTHERLAND served as the Delegate from the Territory of Alaska from 1921-1931. Republican MILES POINDEXTER was U.S. Senator from Washington from 1911-1923. Two file holes at top blank margin. Stray ink mark at blank right margin. Horizontal folds do not touch signature. Fine condition.
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