July 2016 Auction Ends Thursday, July 21st, 5pm Pacific
This lot is closed for bidding. Bidding ended on 7/21/2016
President Richard Nixon typed letter signed regarding the runaway inflation of the 1970's. Dated 29 January 1973, letter to Congressman Bill Young reads in part ''...Unless we want another dangerous inflationary spiral, we face a choice: either to hold the line on spending at the levels I have recommended, or to raise taxes. My speech explains the principal reasons for my budget proposals...'' Signed with Nixon's initials ''RN'' on White House letterhead. Stamped to upper right as Received by Young's office. Single page measures 6.75'' x 8.75''. Near fine.
Richard Nixon Typed Letter Signed as President Regarding Rampant Inflation of the 1970's -- ''...Unless we want another dangerous inflationary spiral, we...hold the line on spending...''
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