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Image courtesy of the Lyndon Baines Johnson Library and Museum.
Image courtesy of the Lyndon Baines Johnson Library and Museum.
Getting Time to Rein in...
Image courtesy of the Lyndon Baines Johnson Library and Museum.
Image courtesy of the Lyndon Baines Johnson Library and Museum.

Getting Time to Rein in...

Artifact ID1973.1.831
Object Type Cartoon Drawing
Publisher (founded 1901)
Date ca. February 1968
Medium Ink and developer on Craftint paper
DimensionsOverall H 11 in x W 15 7/8 in (27.9 cm x 40.3 cm )
Physical Description
Physical DescriptionOriginal cartoon drawing. LBJ clings to the reins of a racing horse ("Runaway Economy"). His feet are in stirrups of the saddle which has flown off behind the horse. Caption: “Getting Time to Rein in, I Reckon”. Artist signature lower right: "CP Houston Houston Chronicle”.
Inscriptions and MarkingsHandwritten at lower left: "To the President of the United States with highest regards- Clyde Peterson”. Handwritten at lower right: [circle] [strikethrough] [illegible]. Handwritten at lower right: [circle] “32”. Handwritten at lower right: “picas”. Handwritten at upper right: [red] “39”.
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, leading to an economic boom. However, along with government spending from the Vietnam War and Great Society, all of this increase of demand led to inflation.
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
Inflation
Place of Publication
Houston
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