Saturday, July 19, 2014

A Parting Shot at Richard Mellon Scaife

by JOSEPH L. FLATLEY

Here in Pittsburgh, one can almost be perversely proud that a man who leached so much poison into the earth owed his fortune and prominence to the city we call home. Richard Mellon Scaife, the billionaire philanthropist whose fortune was almost entirely misapplied, died 82 years too late on Independence Day, July 4, 2014.

The “Mellon” in his name came from his mother’s side of the family, whose prominence dates back to the founding of T. Mellon & Sons’ Bank in the 1870s. Mellon would go on to finance many of the coal mines in the area. Further wealth came to the family in 1889, when his son Andrew discovered oil in his backyard in Coraopolis, Pennsylvania. At the turn of the last century, Western Pennsylvania was the Dubai of its day — a fossil-fuel-fed confirmation of the maxim “geography is destiny.” This particular destiny would most famously lead to what Hillary Rodham Clinton once termed “a vast right-wing conspiracy” (as if the worst thing this man ever did was attack her husband). It is indeed with great sadness that the Great Panic of 1873 didn’t ruin Mellon’s bank the way that it did over half of Pittsburgh’s nearly 100 others, eventually leading to the civil unrest that the local aristocracy had been fearing for years.

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