TAXATION: Rich Men Scared

(See front cover)

"The best client," Frank J. Hogan tells his friends in private, "is a rich man who is scared." In Pittsburgh last week Attorney Hogan was serving the best client of his career. Andrew William Mellon had hired Washington's No. 1 criminal lawyer to play the desperate game which the New Deal had forced upon the 79-year-old onetime (1921-32) Secretary of the Treasury. The New Deal's stake: $139,045 and the reputation of its Attorney General Homer Stillé Cummings, charged with forcing the game for personal spite and political advantage. Mr. Mellon's...

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!