TLS as president, two pages, 8 x 10.5, White House letterhead, October 25, 1940. Letter to Otto S. Beyer, chairman of the National Mediation Board. In part: "At the suggestion of the Advisory Commission to the Council of National Defense and of the War and Navy Departments, a voluntary system has recently been instituted for the assignment of preference ratings to contracts placed by the War and Navy Departments for items listed as critical in the defense program. The preference rating requests that the contractor give to the contract, insofar as necessary to assure delivery on the dates specified, the indicated degree of preference over other contracts which have an inferior or no preference rating and over contracts for private account or for export. Instances have arisen where potential contractors have been hesitant to accept Army and Navy preference rated contracts because such contractors are already working on other Government contracts which contain liquidated damage clauses. Unless industry is assured that delays caused by the acceptance of and compliance with preference rated contracts will not result in attempts by the Government to collect penalties, the procurement of materials necessary to the defense program may be unduly retarded.” Intersecting folds and Beyer’s name crossed out and changed to Robert F. Cole, otherwise fine condition. Accompanied by the original mailing envelope. Pre-certified John Reznikoff/PSA/DNA.
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