TLS as president, one page, 7 x 8.75, The White House, Washington letterhead, June 30, 1924. In part: 'You have placed me under obligation, telling me of the approaching Annual Convention of the League of Local Building and Loan Associations. I have known of these organizations, which have undoubtedly made important contributions toward home ownership throughout the country. Their plan is one of the attractive and practical methods of promoting thrift. My good wishes for every effort for the extension of this splendid work.' In fine condition, with light edge toning. RRAuction COA.