PRESIDENT HARRY S TRUMAN - TYPED LETTER SIGNED 02/01/1939 - HFSID 31057

HARRY S TRUMAN
President Truman writes a letter of what he has accomplished so far to remedy a problem
Typed Letter Signed: "Harry Truman" as Senator, 1p, 8x10½. To David H. Morgan, Diller Oil and Gas Corporation, Eureka, Kansas. Washington, 1939 February 1. In full: "Replying to yours of January Thirtieth, I was only out of town a couple of days and had already spoken to the RFC personally about your matter. They are a tough bunch to handle. I am enclosing the clippings you requested." Clippings not present. The RFC was the Reconstruction Finance Corporation. It was created in 1932 to facilitate economic activity by lending money during the depression. The RFC financed the construction and operation of war plants, made loans to foreign governments, provided protection against war and disaster damages and engaged in numerous other activities. In 1939 the RFC merged with other agencies to form the Federal Loan Agency. In 1916, Truman had become one of David H. Morgan's partners in Morgan & Company, an Oklahoma oil well firm that later went bankrupt. They remained lifelong friends. Harry S. Truman, a WWI veteran, one-time haberdasher, former U.S. Senator from Missouri (1935-1945), had been elected Vice President for the fourth term of Franklin D. Roosevelt in 1944, and he assumed the presidency in April 1945, following the sudden death of FDR. During his first term, Truman ordered the use of atomic bombs on Hiroshima and Nagasaki (August 1945), forcing a Japanese surrender and the end of WWII (1939-1945), announced his Fair Deal domestic program (September 1945) and issued the Truman Doctrine (March 1947), which guaranteed aid to any nation resisting Communist aggression. Following his stunning 1948 defeat of Republican challenger Thomas E. Dewey, Truman oversaw the foundation of NATO (April 1949) and sent troops to South Korea to repel the North Korean invasion (June 1950). After leaving the White House, Truman returned to Missouri, where he wrote his memoirs and was actively involved in the creation of the Truman Library. Lightly creased. Otherwise, fine condition.