TLS as president, one page, 7 x 9, White House letterhead, November 4, 1921. Letter to E. F. Mack of the Central Trust Company of Illinois, in full: “The Director of the Budget has presented to me your reports upon the estimates of the Railroad Administration, the Alien Property Custodian, and the Public Health service. I realize fully the tax upon your time and effort which this clear condensation of essential information has involved. Your recommendations have been followed and I desire to express to you my sincere appreciation for your patriotic cooperation in the work of preparing the first budget of the United States under the new law. You have given a heartening demonstration of patriotism in peace.” In fine condition. Pre-certified PSA/DNA.
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