1923 Secretary of the Treasury Andrew Mellon Writes About Reducing Taxes

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Andrew Mellon typed and signed this December 13, 1923 letter to Rev. George B. Kinkead in which he discusses the possible reduction of taxes. The letter reads: "Dear Mr. Kinkead: I received your letter of November 19, 1923, approving my recommendations for revision of taxes and protesting against the bonus. It is encouraging to know that the Treasury's recommendations are meeting with approval, especially from ex-service men like yourself. I feel sure, if Congress can be convinced that public opinion is behind this program, that a material reduction in taxes can be effected; but it will be necessary for people generally to make their wishes known to their Congressmen and Senators, in whose hands the matter rests." Typed on a sheet of "The Secretary of the Treasury Washington" imprinted stationery. 10 1/2" x 8". Andrew Mellon served as Secretary of the Treasury under three presidents: Warren G. Harding, Calvin Coolidge, and Herbert Hoover. He presided over the booming 1920's and the Wall Street Crash of 1929. After his service as Secretary of the Treasury, Mellon went on to become the U.S. Ambassador to the United Kingdom (1932-1933) under Hoover and Franklin D. Roosevelt. Mellon is remembered as a conservative Republican who aimed to lower taxes and opposed direct government intervention in the economy. He also helped to establish the National Gallery of Art, the National Portrait Gallery, and Carnegie Mellon University. Condition: Mailing fold lines, light soil, otherwise very good condition. N° de ref. del artículo A01792

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