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He was appointed Secretary of the Treasury by President [[Warren G. Harding]] in 1921.
He was appointed Secretary of the Treasury by President [[Warren G. Harding]] in 1921.
''His theory was that big business would prosper in proportion to the lightening of its tax load and its profit, would be transferred to the rest of the nation.''<ref>http://www.treas.gov/education/history/secretaries/awmellon.shtml Mellon's philosophy. </ref>
<blockquote style="background: #F9F9F9; border: 1px solid #AAAAAA; padding: .3em;">
''His theory was that big business would prosper in proportion to the lightening of its tax load and its profit, would be transferred to the rest of the nation.''<ref>http://www.treas.gov/education/history/secretaries/awmellon.shtml Mellon's philosophy. </ref> </blockquote>
The Andrew W. Mellon Foundation was formed on June 30, 1969. The Foundation philosophy is to build, strengthen and sustain institutions and their core capacities.
The Andrew W. Mellon Foundation was formed on June 30, 1969. The Foundation philosophy is to build, strengthen and sustain institutions and their core capacities.