Senatorial nipping and snapping at Andrew William Mellon came to an end, at least temporarily, last week when the Senate Judiciary Committee voted down, 10 to 3, a report that he held the office of Secretary of the Treasury illegally because of stock ownership in industrial corporations. An ancient statute prohibits the Secretary of the Treasury from being interested in "trade or commerce." Mr. Mellon freely admitted that he owns stock in the Aluminum Co. of America and other big concerns, but explained that he had resigned all his directorships and other...
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