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Sale 24


 
 
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Lot 16

Harding, Warren G (1865-1923) 29th President of the United States, 1921-1923. Typed Letter Signed as President, on White House stationery, Washington, January 7, 1922, 1 pg., small quarto. To Charles G. Fisher of Marion, Ohio, regarding some unfortunate business investments Harding had made. In part: "It was an agreeable surprise to receive the checks….I never find any comfort in recalling the experience of the Marion Manufacturing Company and the Tractor Company, except that it reminds me how much money I was able to lose without being wrecked….The fellows who had that burden to bear were a bunch of pretty good sports and took their medicine with a smile. Since your letter says that this is positively the last appearance I will close the books. I hope there will be no come-back like one which I experienced with the Marion Manufacturing Company. I remember I had the Bank books balanced…everything which I had to do as a trustee was seemingly closed up…The Bank clerks found a balance of one or two hundred in my favor….Some four months later I had to draw my personal check to make good…." A rare glimmer of humor shows through Harding's matter-of-fact account of his business losses. Light toning, else Fine.
Estimated Value $600 - 800.

 
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