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Image courtesy of the Lyndon Baines Johnson Library and Museum.
Image courtesy of the Lyndon Baines Johnson Library and Museum.
Now for His Act!
Image courtesy of the Lyndon Baines Johnson Library and Museum.
Image courtesy of the Lyndon Baines Johnson Library and Museum.

Now for His Act!

Artifact ID1973.1.870
Medium Ink and grease pencil on drawing paper
DimensionsOverall H 20 3/4 in x W 14 in (52.7 cm x 35.6 cm )

Physical Description
Physical DescriptionOriginal cartoon drawing. An angry LBJ holds juggling balls ("Budget") and waits to go on stage. A tomato ("Interest Rate Blast") and an egg ("Steel Price Blast") have been thrown at the backdrop ("Economy"). Caption: “Now for His Act!”. Artist signature lower right: "Sandeson”.
Inscriptions and MarkingsHandwritten across the bottom: "To- President Johnson with good wishes - Bill Sandeson".
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, all of this increase of demand led to inflation. In December 1965, William McChesney Martin, the chairman of the Federal Reserve, raised the discount rate, but Johnson resisted it until spring 1968. In September 1965, Lyndon Johnson averted a steel strike by pressuring the United Steelworkers union under I. W. Abel and management under U.S. Steel Vice-President R. Conrad Cooper to come to an agreement of raising wages to $4.40 per hour with benefits.
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
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 (American, 1908 - 1973)
Not on view
Place of Publication