TLS, one page, 8.5 x 11, personal letterhead, July 9, 1931. Letter to J. P Morgan banker Thomas Cochran, in full: “It was very thoughtful of you to send me a wire on my birthday and most kind to entertain me at your house. I want you to know how much I appreciated it.” He adds a handwritten postscript, “Those who advise action in Europe will soon be asked to head the syndicate for a loan.” In fine condition. Accompanied by the retained carbon copy of the initial invitation letter to Coolidge. Coolidge’s postscript refers to the economic crisis in Germany, which was leading to broader economic concerns worldwide; with this pithy statement, Coolidge expresses both his isolationist tendencies and his philosophy of laissez-faire economics. Pre-certified PSA/DNA.
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