Auction 006 Works on Paper & Collectables
Jun 25, 2021
United Kingdom
 2 Bedford Terrace North Shields Tyne and Wear NE29 0AW
The auction has ended

LOT 38:

WOODROW WILSON


Start price:
£ 300
Estimated price:
£600 - £700
Auction house commission: 29.6% More details
VAT: 20% On commission only
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WOODROW WILSON
Woodrow Wilson and Bernard Baruch (1870-1965) Financier. Baruch amassed a fortune before the age of thirty via speculation in the sugar market. After his success in business, he devoted his time toward advising Presidents Woodrow Wilson and Franklin D. Roosevelt on economic matters. 8 ½” x 3 ½” check signed by both men and by disbursing officer, E. K. Ellsworth, to whom the check is payable. Treasurer of the United States, September 6, 1919, in the amount of $1. Includes a 7 ¾” x 9 ¾” typed letter signed by Barach, personal stationery, February 4, 1935, to E. K. Ellsworth, “…Enclosed is copy of a letter…to Senator James F. Byrnes…Do you remember how much money I spent out of my pocket to send the girls who were working in the War Industries Board home?” There is a paperclip stain in the upper left corner. Also included is an 8 ½” x 11”, three page, unsigned, carbon copy of the letter from Baruch to James Byrnes, February 4, 1935. His letter concerns money paid by Baruch to cover shortages in funds allocated by the government for war-time expenses. “…As this Mission was about to sail, I was informed that there was very grave doubt as to whether the War Industries Board could pay the expense. I thereupon furnished the money through my office. I think the total expenditure was about $61,000….”