TLS as Governor of New York, two pages, 8 x 10, Executive Chamber Albany letterhead, December 5, 1930, written from Warm Springs, Georgia. A letter to Conservation Commissioner Alexander Macdonald. In part: “Every citizen of the state who is interested in conservation will be sorry to have you retire because you have made a fine record of unselfish service. I have decided to ask Henry Morgenthau, Jr. to become conservation Commissioner on January 1st. He will be back in New York in a few days and I know that you will be not only willing but glad to have him go up to Albany and that you will show him all of the ropes…tell him not merely the general line of policy but also the details…If you could let him sit by your side it would be very helpful….” In very good condition, with scattered toning and trivial soiling, not affecting legibility of the text or the signature. When Roosevelt became President in 1933, he appointed Morgenthau chairman of the Federal Farm Board and governor of the Farm Credit Administration. In 1933 he was named Undersecretary of the Treasury. As Secretary of the Treasury (1934–45), he administered federal tax programs that raised unprecedented revenues. Morgenthau was influential in formulating postwar economic policy at the Bretton Woods Conference, which set up the International Monetary Fund and the International Bank for Reconstruction and Development (the World Bank). R&R COA.
