Andrew Mellon Quotes

• Liquidate labor, liquidate stocks, liquidate the 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, Live Life, Hard Work

  "The Memoirs of Herbert Hoover - The Great Depression, 1929-1941". Book by Herbert Hoover, www.huffingtonpost.com. 1951.

  88 Copy quote

• Prosperity of the middling and lower orders depends upon the fortunes and light taxes of the rich.

  Andrew Mellon

  Light, Order, Prosperity

  37 Copy quote

• There is no cause to worry. The high tide of prosperity will continue.

  Andrew Mellon

  Depression, Worry, Tides

  34 Copy quote

• Every man wants to connect his life with something he thinks eternal.

  Andrew Mellon

  Men, Thinking, Want

  30 Copy quote

• 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

  28 Copy quote

• A nation is not in danger of financial disaster merely because it owes itself money.

  Andrew Mellon

  Money, Business, Financial

  28 Copy quote

• 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

  38 Copy quote

• 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

  36 Copy quote

• Strong men have sound ideas and the force to make these ideas effective.

  Andrew Mellon

  Strong, Men, Ideas

  21 Copy quote

• Any man of energy and initiative can get what he wants out of life. But when initiative is crippled by legislation or by a tax system which denies him the right to receive a reasonable share of his earnings, then he will no longer exert himself and the country will be deprived of the energy on which its continued greatness depends.

  Andrew Mellon

  Country, Greatness, Men

  38 Copy quote

• Gentlemen prefer bonds.

  Andrew Mellon

  Ties, Gentleman, Preference

  18 Copy quote

• I see nothing in the present situation that is either menacing or warrants pessimism.

  Andrew Mellon

  Depression, Pessimism, Situation

  "How It Was: The Year After the Crash of 1929" by Dan Agin, www.huffingtonpost.com. November 21, 2009.

  31 Copy quote

• 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

  Andrew W. Mellon (2016). “Taxation: The People’s Business”, p.8, Pickle Partners Publishing

  24 Copy quote

• Values will be adjusted, and enterprising people will pick up the wrecks from less competent people.

  Andrew Mellon

  People, Wrecks, Competent

  "The Memoirs of Herbert Hoover - The Great Depression, 1929-1941". Book by Herbert Hoover, www.huffingtonpost.com. 1951.

  17 Copy quote

• 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

  Depression, Country, Spring

  "How It Was: The Year After the Crash of 1929" by Dan Agin, www.huffingtonpost.com. November 21, 2009.

  17 Copy quote

• 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

  19 Copy quote

• Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate.

  Andrew Mellon

  Real, Estates, Farmers

  "The Memoirs of Herbert Hoover - The Great Depression, 1929-1941". Book by Herbert Hoover, www.huffingtonpost.com. 1951.

  19 Copy quote

• The Government's business is in sound condition.

  Andrew Mellon

  Government, Sound, Great Depression

  9 Copy quote

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