Lot 68: Franklin D. Roosevelt

RR Auction

2015-08-21 10:51:24


0% ( reviews)

Lot 68: TLS as president, one page, 8 x 10, White House letterhead, September 18, 1935. Letter to Jack E. Dalton, in full: "Word has just reached me that you may find it necessary to resign from your position as Chief of the Sugar Section of the Agricultural Adjustment Administration. I am sorry to learn of this, although I can appreciate the terrific strain you are constantly under in the difficult administration of the Jones–Costigan amendment to the Agricultural Adjustment Act. Under your immediate supervision much of the pioneer work of this legislation has been successfully completed and I am sure that the many farmers who have benefited both as a result of the legislation and its administration join me in expressing real regret at your contemplated resignation." In fine condition, with a few spots of light foxing and trivial toning to borders from previous display. The replacement of the Federal Farm Board with the Agricultural Adjustment Act in 1933 proved a major piece of legislation during Roosevelt's first days in office. Although the AAA could not end the Depression, it did produce a manageable supply-and-demand model, lessening the plight of drought-stricken farmers by paying them to cull their herds and to not overplant crops. RR Auction's Fine Autographs and Artifacts Auction 460 Wednesday, 16th September 2015 Estimate: $600-800
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