“THE ONLY THING NEW IN THIS WORLD IS THE HISTORY THAT YOU DON'T KNOW”: First Edition of President Trumans Mr. Citizen; Inscribed by Him to His Treasury Secretary
New York: Bernard Geis, 1960.
First edition, the author’s edition. Octavo, original half leatherette, slipcase, illustrated with 32 pages of black-and-white photographs. Association copy, inscribed by the author on the half-title page, “To Honorable John Wesley Snyder from his good friend, comrade and associate in most trying times. He was the greatest of the great Secretaries of the Treasury.” The original slipcase is also inscribed to Snyder from Truman but has faded. John W. Snyder was appointed Secretary of the Treasury in 1946 by his close personal friend President Truman, with whom he had served in the Army Reserves. His task as Secretary was to establish a stable postwar economy. The main points of his program were maintaining confidence in the credit of the government, reducing the federal debt, keeping the interest rate low, and encouraging public thrift through investment in U.S. Savings Bonds. A conservative businessman, he had faith that the free economy would work itself out. He reduced the national debt while balancing the budget. He held several public and private positions including National Bank Receiver in the Office of the Comptroller of the Currency, Federal Loan Administrator, and Director of War Mobilization and Reconversion. In the last office he played a leading part in the transition of the Nation’s economy from wartime to a peacetime basis. An excellent association.
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