154

NIXON, RICHARD M.

Currency:USD Category:Collectibles Start Price:300.00 USD Estimated At:600.00 - 800.00 USD
NIXON, RICHARD M.
<b>154. RICHARD M NIXON. </b>(1913 - 1994) Thirty-seventh President of the United States who led during the Vietnam War, re-opened diplomatic ties with China and the U.S.S.R., resigned his office due to the Watergate scandal. Good content T.L.S. with his typically encircled initials "<i>R N</i>" on White House letterhead, 1p. 4to., July 7, 1969 to banker Frank McGlinn. In small part: "<i>...in a meeting of my Cabinet Committee on Economic Policy we had a long discussion of the economic situation, economic prospects, and the implications of these for policy...Everything in our discussion pointed to the importance of maintaining a strong budget for the year ahead. I came away from this meeting with a renewed conviction about the importance of my recommendation on the surcharge...[which] provides for an orderly phasing out of this tax...needed to regain control of an economy where inflation has been allowed to run rampant for over three years...this Administration means business about cooling the inflation...</i>" Light foxing at top with a minor paperclip stain, else very good. Much of Nixon's time early in his presidency was devoted to fighting the inflation which had crept up during Johnson's administration.<b>$600-800</b>