Andrew Mellon famous quotes

Last updated: Sep 5, 2024

Liquidate labor, liquidate stocks, liquidate farmers, liquidate real estate. It will purge the rottenness out of the system. High costs of living and high living will come down. People will work harder, live a more moral life. Values will be adjusted, and enterprising people will pick up from less competent people.
-- Andrew Mellon

#Real #Hard Work #People
Give tax breaks to large corporations, so that money can trickle down to the general public, in the form of extra jobs.
-- Andrew Mellon

#Jobs #Giving #Corporations
If the spirit of business adventure is dulled, this country will cease to hold the foremost position in the world.
-- Andrew Mellon

#Country #Business #Adventure
Strong men have sound ideas and the force to make these ideas effective.
-- Andrew Mellon

#Strong #Men #Ideas
I see nothing in the present situation that is either menacing or warrants pessimism... I have every confidence that there will be a revival of activity in the spring, and that during this coming year the country will make steady progress.
-- Andrew Mellon

#Country #Spring #Years
The Government's business is in sound condition.
-- Andrew Mellon

#Government #Sound #Great Depression
A balanced program for tax reform based upon the common sense idea of lowering taxes out of surplus revenues.
-- Andrew Mellon

#Ideas #Common Sense #Reform
Values will be adjusted, and enterprising people will pick up the wrecks from less competent people.
-- Andrew Mellon

#People #Wrecks #Values
The history of taxation shows that taxes which are inherently excessive are not paid. The high rates inevitably put pressure upon the taxpayer to withdraw his capital from productive business and invest it in tax-exempt securities or to find other lawful methods of avoiding the realization of taxable income. The result is that the sources of taxation are drying up; wealth is failing to carry its share of the tax burden; and capital is being diverted into channels which yield neither revenue to the Government nor profit to the people.
-- Andrew Mellon

#Yield #Government #People
The history of taxation shows that taxes which are inherently excessive are not paid. The high rates inevitably put pressure upon the taxpayer to withdraw his capital from productive business.
-- Andrew Mellon

#Taxation #Pressure #Taxpayers
Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate.
-- Andrew Mellon

#Real #Estates #Farmers
There is no cause to worry. The high tide of prosperity will continue.
-- Andrew Mellon

#Worry #Tides #Causes
I see nothing in the present situation that is either menacing or warrants pessimism.
-- Andrew Mellon

#Pessimism #Situation
A nation is not in danger of financial disaster merely because it owes itself money.
-- Andrew Mellon

#Business #Financial #Disaster
Gentlemen prefer bonds.
-- Andrew Mellon

#Ties #Gentleman #Preference
Every man wants to connect his life with something he thinks eternal.
-- Andrew Mellon

#Men #Thinking #Want

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