Truman, Harry S

The former president is jealous of his former Treasury Secretary's Africa trip!

Price: $225.00

Description:
(1884-1972) Missouri Senator, VP 1945, President 1945-1953 succeeding to office on death of FDR, elected in own right 1948. TLS "Harry" on engraved Harry S. Truman/ Independence, Missouri engraved letterhead, to Hon. John W. Snyder, Toledo, Ohio ("Dear John"). Truman tells his old friend of his appreciation of his postcard from Africa, adding that "The only thing wrong with the trip is that I am jealous because I couldn't be with you." He hopes to see Snyder when he is "back East" sometime in the near future. Interesting unusual paraph under his signature! With two unsigned carbon copies of letters from Snyder's secretary, one to Truman and one to Reathel Odum in Washington who worked for the Truman family and then Snyder. The . after the S should not have been in the letterhead as the S was simply that it had no special significance, not an abbreviation of any other name. S was chosen by his parents to avoid a display of favoritism between his paternal and maternal grandparents (his paternal grandfather was Anderson Shippe Truman, his maternal grandfather was Solomon Young). JOHN W. SNYDER (1895-1985) Truman's Arkansas-born Treasury Secretary 1946-53 and close personal friend. After service in WW I, he was in the Army Reserves where he met Truman. He moved to Washington and held several public and private offices incl. Director of War Mobilization and Reconversion, where he played a leading part in the transition of the US economy from a wartime to a peacetime basis. His task as Secretary was to establish a stable postwar economy by maintaining confidence in the credit of the government, reducing federal debt, keeping the interest rate low, and encouraging public thrift through investment in US Savings Bonds. A deeply conservative businessman, he reduced the national debt while balancing the budget. He was reluctant to spend large sums on the Marshall Plan to aid Europe. With little diplomatic experience, in his negotiations with British leadership regarding Britain's need for dollars, he angered his counterparts.He funded the Korean War by increasing taxes and feuded constantly with the Federal Reserve system until it became more independent in 1951. He retired from government in 1953 at the end of Truman's 2nd term.

Condition: Very good, date stamped at top right corner
Type:Letter






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