page_title: Andrew Mellon
section_title: Political career, 1921–1933
hierarchical_section_title: Andrew Mellon / Political career, 1921–1933
caption_attribution_description: English: Title Portrait photograph of A.W. Mellon Contributor Names Genthe, Arnold, 1869-1942, photographer Created / Published between 1924 and 1942; from a negative taken 1924 Nov. 26. Subject Headings - Mellon, Andrew W.--(Andrew William),--1855-1937. Format Headings Lantern slides. Portrait photographs. Notes - Title devised. - Purchase; Genthe Estate; 1942 or 1943. - ID: LC-g412-4559; 1924 Nov. 26 Medium 1 slide : lantern ; 4 x 5 in. or smaller. Call Number/Physical Location LC-G4085- 0419 [P&amp;P]
context_page_description: Andrew William Mellon, sometimes A.W., was an American banker, businessman, industrialist, philanthropist, art collector, and politician. From the wealthy Mellon family of Pittsburgh, Pennsylvania, he established a vast business empire before transitioning into politics. He served as United States Secretary of the Treasury from March 9, 1921, to February 12, 1932, presiding over the boom years of the 1920s and the Wall Street crash of 1929. A conservative Republican, Mellon favored policies that reduced taxation and the national debt in the aftermath of World War I.
  Mellon's father, Thomas Mellon, rose to prominence in Pittsburgh as a banker and attorney. Andrew began working at his father's bank, T. Mellon & Sons, in the early 1870s, eventually becoming the leading figure in the institution. He later renamed T. Mellon & Sons as Mellon National Bank and established another financial institution, the Union Trust Company. By the end of 1913, Mellon National Bank held more money in deposits than any other bank in Pittsburgh, and the second-largest bank in the region was controlled by Union Trust.
caption: Portrait photograph of A.W. Mellon, 1924
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