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Lot #178
Otto von Bismarck

Otto von Bismarck

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Description

Otto von Bismarck

Prussian statesman and First Chancellor of the German Empire (1815–1898). ALS in German, signed “v. Bismarck,” four pages on two adjoining sheets, 8.75 x 11, November 25, 1889. Letter regarding water policies, the price of potatoes, and other economic matters. In part (translated): "I regret that the water issue is not yet in order, after his last visit in Schoenau Mr. Ritsch informed me that the reaming of the garden source supplied plenty of water. I expect all the more that these difficulties will soon be overcome, as the whole matter has sprung from not following my very specific instructions…Potatoes are bought at the price of 1.40 M. The advantage of the larger revenue…is a brilliant business, and I must insist that no remedy is neglected in order to create greater revenue so that the shameful condition ceases." Central vertical and horizontal folds (significant partial separations to horizontal fold), otherwise fine condition. Bismarck designed and implemented the world's first old-age social insurance program in 1889, a rudimentary forerunner to America's Social Security of today. Earlier in the decade he had begun to establish various social welfare policies, working closely with industry in efforts to stimulate German economic growth by giving workers greater financial security. An especially interesting letter demonstrating his concern for the economy and the efficiency of distributing the basic necessities to his people—namely, food and water. Pre-certified PSA/DNA and RR Auction COA.

Auction Info

  • Auction Title: Rare Manuscript, Document & Autograph
  • Dates: #428 - Ended May 14, 2014





This item is Pre-Certified by PSA/DNA
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