The Washington times., 1922-03-26
MELLON SR|GHT.
!. To CABINET IS
/ UNDER ATTACK
Georgia Democrat Latest to
AssaiI Secretary OF
+ Treasury.
BY WARREN w. WHEATON,
International News Service.


The eligibility Of Andrew w. Mel
Treasury is becoming almost a daily
bone of contention in Congress.
Demand after demand has been
made that the man who is credited
with running John d. Rockefeller a
close second as the wealthiest man
IN the United States-individual
, and not as Secretary Of the Treas.
ury--be ousted from his job in the
Presidents Cabinet.
Congressman Brand DemocraD o.
Georgia. is one of the latest assail-
ants of Secretary Mellon. Brand has
served formal demand on the Sen
ate that, while it is investiga ting the
eligibility of Senator Smoot and Con-
gresham Burton to act as members
. of the debt refunding commission,
. # include in the inquiry determine
lion of the status of Mellon to act,
not only on the commission, but as
Secretary Of the Treasury.
"Owe United States Billions"
1.-The question involved is one in
which every taxpayer in the United
States is interested" says Brand. 1t
q is a world-wide known fact that GER
tain European nations owe the
United States about $11 900, 900. 900.
1t is generally known also that they
owe a group of international bank
srs about $4,000, 100000.
This group Oh international bank
Srs are bent on having their money
and are interested in collecting II
whether th4 United States ever col
Iects a dollar or not. Here are two
classes o. creditors, with claims
against a common debtor which ls
Generally reputed to be bankrupt.
Their interests are in conflict ana
are adverse. Therefore, it becomes A
very important matter to know
whether or not Mr.. Mellon is the
owner of any of these obligations
due these private bankers or whether
any of his kinfolk within the pro
Eibited decree are the owners of
chem, or whether any of the great
Banking and financial institutions to
which he belongs is the owner or
any of them or interested in any OF
these debts
Brand declares that there 10 d
statute placed or the Federal books
IN 1889, which djsqualifies the Secre.
larry of the Treasury from acting II
he Is engaged in the business OF
trade or commerce, or IT he owns any
State or national securities.
Melons Banking Connections.
Brand declares that Secretary Mel
lon is connected with three banks.
four insurance companies, seven edu
cational and rhilanthropic institu'
lions and sixty-two other corpora
lions.
The Geors.i. Congressman indi'
Gated that, in his opinion, Mellon Is
connected with the international
banking interests to which Europe Is
indebted to he extent OF $5,O0O,Ooo'
900.
The truth is" he said. some o.
these international bankers want the
debts due the United States can
celed, knowing If this is done that II
will make their debts against the
European ma lions worth 100 cents on
the dollar.
Those who do not come out
suuarely for cancellation OF these
debts are intensely interested in nav
ing the United States agree to a long
time postponement of the collection
of It's loans. MIR. Mellon believes In
,hiI. The minute this Is done, and 1t
Is going to be done, the debts OF the
private barkcIs will increase In
value, and every dollar of the same
will be collected before the United
States collects Il dollar OF its princi
nal debt ="