TLS as president signed 'R. N.,' one page, 8 x 10.5, White House letterhead, July 7, 1969. Letter to banker frank McGlinn. In part, '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.' In very good condition, with scattered light toning and spotting to top portion and a rusty paperclip mark to top edge. RRAuction COA.