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Lot #27
Herbert Hoover Typed Letter Signed as President with Rare Autograph Postscript: "I can see a rising tide towards the banks which is going to be perfectly disastrous"

Amidst the Great Depression, Hoover warns the president of the Federal Reserve Bank of New York: "I can see a rising tide towards the banks which is going to be perfectly disastrous"

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Estimate: $1500+
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Description

Amidst the Great Depression, Hoover warns the president of the Federal Reserve Bank of New York: "I can see a rising tide towards the banks which is going to be perfectly disastrous"

TLS, one page, 7 x 9, White House letterhead, April 26, 1932. Letter to George L. Harrison, the president of the Federal Reserve Bank of New York, in part: "I am sending you herewith a few letters which came in to me this morning through Senator Capper. I am being deluged with similar correspondence from all over the country. I can see a rising tide towards the banks which is going to be perfectly disastrous unless we can secure some better cooperation." He adds a handwritten postscript: "I would like these letters back after you have seen them!" In very good to fine condition, with a file hole and paperclip impressions to the top edge. Hoover's autograph letters as president are excessively rare—he's said to have penned just four—making this typed letter with autograph postscript an appropriate stand-in within any presidential collection. That the content pertains to the nation's bank crisis amidst the Great Depression makes it exceptionally desirable.

Auction Info

  • Auction Title: Fine Autograph and Artifacts
  • Dates: #687 - Ended February 14, 2024





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