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Buckeye Valley News And Buckeye Review
Buckeye, Maricopa County, Arizona
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Andrew W. Mellon offers his $23 million art collection, a $9 million building in Washington, and maintenance fund to the nation via President Roosevelt, who will recommend it to Congress. Collection valued higher by expert Lord Duveen.
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ANDREW W. MELLON, Pittsburgh multimillionaire and former secretary of the treasury, has offered to present to the nation his magnificent art collection, valued at $23,000,000, together with a $9,000,000 building for its housing in Washington and a fund for its maintenance and increase. The offer is made through President Roosevelt, with whom Mr. Mellon has been in correspondence and conference on the matter. It will be submitted to congress with the President's favorable recommendation.
The Mellon collection, part of which is stored in the Corcoran art gallery in Washington, includes many paintings of highest importance and some fine works of sculpture. Lord Duveen of Milbank, head of a celebrated art firm, says that its actual value is more than $50,000,000 and that it is the "greatest collection ever assembled by any individual collector."
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Domestic News Details
Primary Location
Washington
Key Persons
Outcome
offer to be submitted to congress with president's favorable recommendation; collection valued at $23,000,000 officially, over $50,000,000 by expert.
Event Details
Andrew W. Mellon offers his art collection, a building in Washington, and a maintenance fund to the nation through President Roosevelt after correspondence and conference.