PRESIDENT HERBERT HOOVER - TYPED LETTER SIGNED 08/28/1931 - HFSID 30621
Sale Price $1,190.00
As President, he signs a typed reply to a "helpful letter" from a Washington, D.C. minister, probably on the subject of unemployment relief.
Typed Letter Signed: "Herbert Hoover" as President, 1 page, 7x8¾. Washington, D.C., 1931 August 28. On White House letterhead to Rt. Rev. William F. McDowell, Washington, D.C. In full: "I want to thank you most cordially for your helpful letter of August 25th. I am sending it on to Mr. Gifford. With kind regards, Yours faithfully". The "Mr. Gifford" to whom Hoover had forwarded McDowell's letter was probably Walter Sherman Gifford (1885-1966), the President of AT&T. On August 19, 1931, one week before this letter was written, Hoover had appointed Gifford national coordinator of unemployment relief efforts by federal, state and local agencies. In the year he signed this letter, President Herbert Hoover also signed the act that made "The Star Spangled Banner" the U.S. national anthem, and he was also giving more indirect aid to farmers in the Great Plains states who had been faced with drought since the previous summer. The stock market had crashed just seven months after Hoover's inauguration. By 1930, the economy had started to recover, but the drought brought new criticism of Hoover, who was blamed not only for the Great Depression but also for the nation's weather. By the spring of 1931, unemployment was down and the Depression had started to ease, but a European economic crisis wreaked havoc with American banks involved with European war debts and other overseas loans. Hoover, who was again blamed for the crisis, would lost his bid for re-election to Democrat Franklin D. Roosevelt in 1932. Lightly creased. Slightly shaded at mid-horizontal fold and blank margins. Overall, fine condition.
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