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Item   Title MB Now at Next bid Bids New bid Max bid  
83   Franklin D. Roosevelt  $200 $393 $433 6 You must login to place a bid.

#83 - Franklin D. Roosevelt

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Financing the New Deal
Description                           Estimate: $800+          

TLS as president, one page, 8 x 10.5, White House letterhead, March 14, 1936. Letter to Rexford G. Tugwell, director of the Resettlement Administration. In part: “I transferred to your Administration certain funds…for carrying out the provisions of Section 208 of Title II of the National Industrial Recovery Act. Included in the funds so transferred was $10,000,000, which on December 29, 1934 I had requested the Secretary of the Interior to place in reserve. It is now requested that you immediately make these reserved funds available for transfer to the credit of the appropriation made in the Emergency Relief Appropriation Act of 1935.” In very good condition, with intersecting folds (one horizontal fold passing through the signature), overall wrinkling, scattered soiling, office stamps and notations, and various tack and staple holes to the top. Accompanied by a retained carbon copy of the response, stating that the funds have been transferred. The specific legislation mentioned here, Section 208 of Title II, authorized the president to expend up to $25,000,000 to purchase farms for the relocation of individuals then living in overcrowded urban areas. Pre-certified PSA/DNA.

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