6270 Este Ave.
Cincinnati , OH 45232
United States
With offices in Cincinnati, Cleveland and Denver, Cowan’s holds over 40 auctions each year, with annual sales exceeding $16M. We reach buyers around the globe, and take pride in our reputation for integrity, customer service and great results. A full-service house, Cowan’s Auctions specializes in Am...Read more
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Jun 9, 2017 - Jun 10, 2017
Wilson, Woodrow (1856-1924). President of the United States (1913-1921). TLS as President of Princeton University (1902-1910), 2pp, Princeton, NJ. April 20, 1910. On Princeton University, President's Room letterhead. Signed Woodrow Wilson. To Thomas Creigh, an attorney for Cudahy Packing Company, which became one of the largest meat packers in the US within a decade. It was one of the first S&P 500 companies.
Wilson wrote Creigh:
...The statement I made about the meat business in the speech to which you refer was based upon a great many conversations I have had with men who had, at one time or another, been engaged in the business of raising cattle. They had all made practically the same statement to me, namely that whatever the fluctuations in the price of meat, the price of cattle on the hoof remained stationary, and stationary at so low a figure as to make the raising of cattle, except on a very large scale and under very favorable circumstances, unprofitable. They had for that reason gone out of the business.
I realize, of course, that these statements may be touched with personal feeling and may have been exaggerated, but I took it for granted, from my knowledge of the men themselves, that what they stated was in substance true. I should be very much interested to know whether you have any statistics upon that point or can refer me to any. I certainly had no intention of being unfair to the meat packers, and I know how easy it is to misjudge in complicated questions of this sort.
After being Princeton University's president, Wilson went on to serve as governor of New Jersey (1911-1913) before he was elected president in 1913. He led the nation through World War I and passed progressive policies unequalled until the New Deal. Wilson remains the only president to hold a PhD.
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