Skip to Main Content Skip to Header Menu Skip to Main Menu Skip to Category Menu Skip to Footer

DEWITT WALLACE - TYPED LETTER SIGNED 08/01/1968 - HFSID 274510

THE FOUNDER AND CO-CHAIRMAN OF "THE READER'S DIGEST" HASN'T "MADE ANY INVESTMENTS OR BOUGHT ANY STOCKS OR BONDS FOR THE PAST 12 OR 15 YEARS"   DeWITT WALLACE. TLS: "DeWitt Wallace" as Co-Chairman of "The Reader's Digest", 1p, 7¼x10½. Pleasantville, N.Y., 1968 August 1.

Sale Price $162.00

Reg. $180.00

Condition: lightly creased, otherwise fine condition
Chat now or call 800-425-5379

THE FOUNDER AND CO-CHAIRMAN OF "THE READER'S DIGEST" HASN'T "MADE ANY INVESTMENTS OR BOUGHT ANY STOCKS OR BONDS FOR THE PAST 12 OR 15 YEARS"
 
DeWITT WALLACE. TLS: "DeWitt Wallace" as Co-Chairman of "The Reader's Digest", 1p, 7¼x10½. Pleasantville, N.Y., 1968 August 1. On letterhead of The Reader's Digest to Mr. Eugene Miller, New York, New York. In full: "I'm sorry to disappoint you, but I have no suggestions for your book. Such investments as the Digest has are handled by professional advisers. Sincerely yours". Handwritten postscript, initialed: "D.W." In full: "I haven't made any investments or bought any stocks or bonds for the past 12 or 15 years!" Miller was writing a book on investments for McGraw-Hill. DeWITT WALLACE (1889-1981) spent four months in a French hospital after being wounded at the Battle of Verdun during WWI. To pass the time, he read American magazines, and when Wallace returned to the U.S. he began researching and condensing magazine articles. He showed his sample magazine of condensed articles to LILA BELL ACHESON (1890-1984), who was enthusiastic over his idea. The couple, who married in 1921, decided to publish the new magazine, known as "The Reader's Digest", themselves and market it through direct mail. The magazine, which debuted on February 5, 1922, would become one of the most widely circulated periodicals in the world. DeWitt was also known for his philanthropies, which included large bequests to his alma mater, Macalester College in Minnesota. Lightly creased with folds, not at signature. Fine condition.

This website image may contain our company watermark. The actual item does not contain this watermark
See more listings from these signers
Make an offer today and get a quick response
Check your account for the status.

Following offer submission users will be contacted at their account email address within 48 hours. Our response will be to accept your offer, decline your offer or send you a final counteroffer. All offers can be viewed from within the "Document Offers" area of your HistoryForSale account. Please review the Make Offer Terms prior to making an offer.

If you have not received an offer acceptance or counter-offer email within 24-hours please check your spam/junk email folder.

 

World-Wide Shipping

Fast FedEx and USPS shipping

Authenticity Guarantee

COA with every purchase

All Questions Answered

Contact us day or night

Submit Offers

Get a quick response