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Article: Mellon, Andrew
- Article from:
- Gale Encyclopedia of U.S. Economic History
CopyrightCOPYRIGHT 2000 The Gale Group Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MELLON, ANDREW
In the 1920s Andrew Mellon (1855
–
1937) was one of the richest men in the United States through his investments in many industries, including aluminum, coke, oil, and steel. In that decade he became an influential member of the government, serving as Secretary of the Treasury for 12 years during the administrations of Warren G. Harding (1921
–
1923), Calvin Coolidge (1923
–
1929), and Herbert Hoover (1929
–
1933).
The fourth son of millionaire Pittsburgh banker Thomas Mellon, Andrew took over his father's business when he was in his twenties and steadily expanded it until the family bank became the leading financial institution for industry in the ...
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