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Image courtesy of the Lyndon Baines Johnson Library and Museum.
Image courtesy of the Lyndon Baines Johnson Library and Museum.
'Merrily We Roll Along!--Roll Along--'
Image courtesy of the Lyndon Baines Johnson Library and Museum.
Image courtesy of the Lyndon Baines Johnson Library and Museum.

'Merrily We Roll Along!--Roll Along--'

Artifact ID1973.1.867
Object Type Cartoon Drawing
Artist (United States, 1926 - 2009)
Gifter
Date ca. May 1966
Medium Ink on drawing paper
DimensionsOverall H 14 1/2 in x W 15 1/2 in (36.8 cm x 39.4 cm )
Physical Description
Physical DescriptionOriginal cartoon drawing. LBJ serenades a man while playing an instrument as their canoe is about to go over a waterfall ("Gold Outflow"). A small piece of paper “The Daily Oklahoman” adhered to lower right. Caption: “'Merrily We Roll Along!--Roll Along--'”. Artist signature lower right: "Lange”.
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 slow down the economy and prevent inflation. In December 1965, William McChesney Martin, the chairman of the Federal Reserve, raised the discount rate, but Johnson resisted it until spring 1968. John Q Public is a character often included in political cartoons to depict the average citizen, often portrayed with glasses, a mustache, and a fedora.
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 NoteCopyright 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)
In Collection(s)
Not on view
Subjects
Gold
Place of Publication
Oklahoma City
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