LOT 164 Richard Nixon
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TLS as president signed ÂRN, one page, 6.75 x 8.75, White House letterhead, October 4, 1971. Letter to Florida Congressman James A. Haley, in full: "I want you to know how much I appreciate the support you have given for the objectives of our new economic policies by your vote against House Resolution 596, which would have disapproved the deferral of federal pay increases. Your responsible action on the Floor today advances economic stability and is in the overriding public interest." In fine condition. Just two months earlier, Nixon had decided to break up the Bretton Woods by suspending the convertibility of the dollar into gold; freezing wages and prices for 90 days to combat potential inflationary effects; and imposing an import surcharge of 10 percent, to prevent a run on the dollar, stabilize the US economy, and decrease US unemployment and inflation rates. Accompanied by a full letter of authenticity from PSA/DNA.Format: TLS
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