TLS as president, one page, 7 x 8.75, White House letterhead, January 25, 1923. Letter to Henry R. Schaffner, general business manager of The Marion Star, in part: "I am returning herewith the balance sheet showing profit and loss of the Company for 1922. I think it is fine if you can so handle the New York Store loss as you get the benefit of the same under the higher imposition of taxes. I take it from the showing made that the Directorate ought to make a ten per cent cash distributions at once and leave the matter of further cash dividends subject to further action by the Board." He goes on to provide direction for monthly salaries of key Star employees. In fine condition. Harding bought the Ohio daily newspaper The Marion Daily Star in 1884, and held ownership of the paper until mid-1923. This interesting letter reveals Harding's involvement in the newspaper's business matters even during his time in the White House.
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