Statement of Significance (as of designation - May 11, 1976):
From 1922 to 1937, this was the residence of Andrew Mellon (1855-1937), the millionaire industrialist who was Secretary of the Treasury from 1921 to 1932, the longest tenure since Albert Gallatin. He authored the "Mellon Plan" which stimulated the economic boom of the 1920s. Now headquarters of the National Trust for Historic Preservation.
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