THE CABINET: Mellon in London

Last week Britain fervently welcomed Andrew William Mellon, more as a savior than an Ambassador. All the denials in the world could not dispel the fixed British notion that this shy, fragile old man brought, tucked away in his shiny new diplomatic baggage, a U. S. solution to War Debts & Reparations. Newspapers printed column after column about his vast wealth, his patrician manners, his astuteness in finance and art collecting. A modest advertisement that someone with £250,000 to spend wanted to buy an art...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!