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Image courtesy of the Lyndon Baines Johnson Library and Museum.
Image courtesy of the Lyndon Baines Johnson Library and Museum.
Diet Control
Image courtesy of the Lyndon Baines Johnson Library and Museum.
Image courtesy of the Lyndon Baines Johnson Library and Museum.

Diet Control

Artifact ID1973.1.856
Object Type Cartoon Drawing
Artist
Publisher ()
Gifter
Date ca. March 1969
Medium Ink and applied shading on illustration board
DimensionsOverall H 20 in x W 15 in (50.8 cm x 38.1 cm )
Physical Description
Physical DescriptionOriginal cartoon drawing. A man ("Federal Reserve Chairman Martin") stands on a pig ("Inflation") and pulls on the halter ("Money Supply & Credit Control") with a rope ("Interest Rates") to keep the pig from eating corn ("Purchasing Power of the Dollar"). Caption: “Diet Control”. Artist signature lower right: "Ralph Vinson”.
Inscriptions and MarkingsHandwritten at lower left: [red] “States editorial”. Handwritten at lower center: [red] “5 ¾””. Handwritten at lower right: [red] “Mon. Mar 10, 1969”. Handwritten at lower center: “41”.
Historical NoteWhen Lyndon B. Johnson signed the 1964 Revenue Act that decreased income taxes as well as a law decreasing excise taxes in June 1965. Excise taxes are taxes on the purchase of specific goods and services. He 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. This got him into conflict with the Federal Reserve, whose chairman William McChesney Martin, raised the discount rate in December 1965.
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 Willam McChesney Martin (United States, 1906 - 1998)
In Collection(s)
Not on view
Place of Publication
New Orleans
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