Typed Letter Signed as President: “We secured a major victory for the American people”

Signed by Bill Clinton

$700
Item: 19463
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CLINTON, BILL. (b.1946). Forty-second president of the United States. TLS with holograph addition of the word “Bravo” under the signature. (“Bill”). 1. 8vo. White House, June 25, 1993. On White House stationery bearing the blind-embossed seal of the United States. To Senator DANIEL PATRICK “PAT” MOYNIHAN (1927-2003).

“I want to thank you again for your spectacular performance in leading the Senate to pass our economic plan. We secured a major victory for the American people, and it could not have happened without your outstanding leadership and direction. As I stated in our phone conversation early this morning, we still have a lot of work ahead of us, and I look forward to working closely with you during Conference…”

Clinton, a former Arkansas governor, became the youngest president since Kennedy upon his election in 1993. His re-election made him the first Democrat since FDR to serve a full second term, and he left office with the highest approval rating of any president in the second half of the 20th century. Unfortunately, a series of sex scandals overshadowed his accomplishments. His 1998 impeachment by the House was only the second time in American history that a president had been impeached (the first being Andrew Johnson in 1868).  Both presidents were acquitted by the Senate.

Bill Clinton

Our letter refers to Clinton’s economic plan, outlined on February 17, 1993, the goals of which were to reduce the deficit, and stimulate the economy by keeping interest rates low; investing in education, infrastructure and research; and opening foreign markets. On June 22, 1993, the Omnibus Budget Reconciliation Act of 1993 was ordered reported by the Senate Finance Committee of which Moynihan was newly-elected chairman. It was signed into law on August 10, 1993. Over the course of his eight years in office, Clinton successfully accomplished his economic goals, leaving office with a budget surplus, record high employment and stock market gains.

 

This letter was written in the early days of Clinton’s first term. He had already started work on fulfilling key campaign promises including health care reform, which fell under Moynihan’s jurisdiction as committee chair. Clinton signed the Family and Medical Leave Act into law with Moynihan’s approval and they also tackled the thorny issue of welfare reform, a matter of special interest to Moynihan, which he felt was more important than health care reform. Although Moynihan and the Clinton White House did not always see eye-to-eye, upon leaving his seat in the Senate in 2001, Moynihan endorsed former First Lady Hillary Clinton who was elected to fill it. Never folded and in mint condition.

Typed Letter Signed as President: “We secured a major victory for the American people”

Signed by Bill Clinton

$700 • item #19463


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