Mellon vs. Churchill: The Untold Story of Treasury Titans at War
Jill Eicher
Mar 2025 · Simon and Schuster
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About this ebook
The never-before-told story of the epic battle of wills between Andrew Mellon and Winston Churchill, as they debated the repayment of the enormous sums loaned by America to Great Britain during World War I.
Andrew Mellon, one of the most accomplished businessmen of his era, is almost unknown today. To this shy, diffident (but brilliant) man fell the daunting task of collecting the war debts from European governments still devastated by World War I and struggling to recover economically. Dealing with the U.S. Congress and the heads of foreign governments on the world stage became one of the great adventures of his life.
Winston Churchill is one of the best-known figures in history. Mellon vs. Churchill presents Churchill through a different lens, focusing on his service as Chancellor of the Exchequer when Great Britain was the largest debtor to the United States. That he became the most vocal critic of American foreign policy during that time is a scarcely told chapter of economic history—and his long and contentious debate with Mellon has seldom been explored.
Yet, during the five years that Churchill served as Chancellor of the Exchequer (1924-1929), Mellon was his counterpart at the United States Treasury, and their debate and fierce differences of opinion about the handling of what Churchill called “the monstrous war debts” made frequent headlines on both sides of the Atlantic.
No mention of any of their five meetings are included in the official biographies of either man. Now these confrontations are brought to vivid life in Mellon vs. Churchill, as are many other vignettes from their very public, but largely forgotten, rivalry. Mellon vs. Churchill brings the reader inside the adventurous lives of these two great public figures—men who were not afraid to take huge risks to pursue their grand ambitions.
Andrew Mellon, one of the most accomplished businessmen of his era, is almost unknown today. To this shy, diffident (but brilliant) man fell the daunting task of collecting the war debts from European governments still devastated by World War I and struggling to recover economically. Dealing with the U.S. Congress and the heads of foreign governments on the world stage became one of the great adventures of his life.
Winston Churchill is one of the best-known figures in history. Mellon vs. Churchill presents Churchill through a different lens, focusing on his service as Chancellor of the Exchequer when Great Britain was the largest debtor to the United States. That he became the most vocal critic of American foreign policy during that time is a scarcely told chapter of economic history—and his long and contentious debate with Mellon has seldom been explored.
Yet, during the five years that Churchill served as Chancellor of the Exchequer (1924-1929), Mellon was his counterpart at the United States Treasury, and their debate and fierce differences of opinion about the handling of what Churchill called “the monstrous war debts” made frequent headlines on both sides of the Atlantic.
No mention of any of their five meetings are included in the official biographies of either man. Now these confrontations are brought to vivid life in Mellon vs. Churchill, as are many other vignettes from their very public, but largely forgotten, rivalry. Mellon vs. Churchill brings the reader inside the adventurous lives of these two great public figures—men who were not afraid to take huge risks to pursue their grand ambitions.
Ratings and reviews
5.0
1 review
Jennifer Graziano
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June 14, 2025
Normal challenges are not to be disturbed; at all touched, or have own domain entered. It's a master and leader of own life. Breathing is mastered by the toddler year because growing out of the word is the only way to bigger ones behind them. Meditating; yoga, walking and talking the same year provide strength for own schedule of busy people. Combining the words science and religion for 'let there be light" are required for psychiatrist's evaluation result of normal - defends own money well being. To get normal results from the doctors is the only survival. These is not more from them then normal or not.
About the author
Jill Eicher is an independent scholar and writer living in Washington, DC. After a career in investment management, she served at the U.S. Department of the Treasury and worked at the Bipartisan Policy Center. She has been a visiting scholar at Stanford University and, most recently, at the International Churchill Society. Mellon vs. Churchill is her first book.
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