Honest, Dick -- It's the Only Way to Do It!
Artifact ID1973.1.916
Object Type
Cartoon Drawing
Artist
Gib Crockett
(United States, 1912 - 2000)
Gifter
Gib Crockett
Publisher
Washington Evening Star
()
Date
ca. January 1969
Medium
Ink and grease pencil on drawing paper
DimensionsOverall H 18 1/2 in x W 14 3/4 in (47 cm x 37.5 cm )
Physical DescriptionPhysical DescriptionOriginal cartoon drawing. LBJ and another man (identifiable as Richard Nixon) stand looking at a scale ("Budget"). The money ("Spending") on one side of the scale is lighter because LBJ is pressing the other side (“Surtax”) lower with his thumb. Caption: “Honest, Dick -- It's the Only Way to Do It!”. Artist signature lower right: "Gib Crockett © The Washington Star”.
Inscriptions and MarkingsHandwritten at lower left: “31 picas- Thurs- Jan 16 ‘69”.
Historical NoteWhen Lyndon B. Johnson signed the 1964 Revenue Act that decreased income taxes and refused to raise taxes, spending by consumers and businesses increased. Along with government spending from the Vietnam War and Great Society, all of this increase of demand led to inflation. Raising taxes would decrease inflation. In January 1967, Johnson pushed for a 6% surcharge on income taxes. In August, this request increased to 10% and it was passed in June 1968 as the Revenue and Expenditure Control Act of 1968. Richard Nixon won the 1968 presidential election. On January 20, 1969, he was inaugurated as president and Lyndon Johnson left office. Nixon inherited the issue of inflation from Johnson.Additional Details
Custodial History NoteThe item was a gift from the general public to President Johnson during his term in office. It was received by President Johnson, until the President donated it to the Lyndon Baines Johnson Library and Museum in 1973.
Credit LineGift of Lyndon Baines Johnson
National Archives Catalog CollectionLyndon B. Johnson Library Museum Collection (National Archives Identifier 192413)
National Archives Catalog SeriesGifts from the General Public (National Archives Identifier 189698395)
Use Restriction StatusRestricted - Fully
Use Restriction Note© The Washington Star, 1969
Copyright or other proprietary rights are held by individuals or entities other than the LBJ Presidential Library and Museum. The LBJ Presidential Library and Museum does not warrant that the use of materials will not infringe on the rights of third parties holding the rights to these works, or make any representations or warranties with respect to the application or terms of any international agreement, treaty, or protections that may apply. It is your responsibility to determine and satisfy any copyright or other use restrictions. Pertinent regulations can be found at 36 C.F.R 1254.62.
Copyright or other proprietary rights are held by individuals or entities other than the LBJ Presidential Library and Museum. The LBJ Presidential Library and Museum does not warrant that the use of materials will not infringe on the rights of third parties holding the rights to these works, or make any representations or warranties with respect to the application or terms of any international agreement, treaty, or protections that may apply. It is your responsibility to determine and satisfy any copyright or other use restrictions. Pertinent regulations can be found at 36 C.F.R 1254.62.
Person Referenced
Lyndon Baines Johnson
(United States, 1908 - 1973)
Person Referenced
Richard Nixon
(United States, 1913 - 1994)
In Collection(s)
Not on view
Place of Publication