Lot 26
Reagan, Ronald (1911-2004) 40th President of the United States. Typed Letter Signed as President, on White House letterhead, 1 p., 10½ x 7 in., Washington, November 9, 1988. Written to powerful New York Senator Daniel Patrick Moynihan, regarding a Free-Trade Agreement signed by Reagan and Canadian Prime Minister Brian Mulroney. In part: "On September 28, 1988, I was pleased to sign into law H.R. 5090, the United States-Canada Free Trade Agreement Implementation Act of 1988. The Act revises domestic U.S. law to carry out the historic Free Trade Agreement that the Prime Minister of Canada and I reached on January 2, 1988….the overwhelming bipartisan support for its enactment reflected a renewed congressional commitment to freedom in international trade. The Agreement and implementing legislation will bring down the tariff walls between the United States and Canada and create the world's largest free trade area….Your leadership and hard work as a member of the International Trade subcommittee of the Senate Finance Committee were crucial in gaining widespread support for the Act and timely enactment of it. With appreciation for your success in securing passage of H.R. 5090, I am pleased to present you with a pen to commemorate its enactment…." Fine. The letter is matted with a pen bearing a facsimile signature; overall size is 17 x 11¾ in. The FTA between the U.S. and Canada was a precursor to NAFTA, which was signed in 1992 by President George H.W. Bush, Mexican President Salinas, and Canadian Prime Minister Mulroney.
Estimated Value $2,000 - 2,500.
|
| |
| Realized $2,585 |
