There is a tag on the frame that says (The Pen with whailer President Roosevelt signed the Executive Order reducing the postal rate on books to 1 1/2 cent per pound, Oct 31 ,1938.
Presented to the Publishers Lunch Club by _______________, Nov 3 1938. Book Publishers bureau_ New York)
140 - Proclamation 2309 - Reducing Postage Rates on Books
October 31, 1938
By the President of the United States of America
A Proclamation
Whereas I find after survey that the interests of the public, in the promotion of the cultural growth, education, and development of the American people, require that the postage rates on books of the class hereinafter described be modified:
Now, Therefore, I, Franklin D. Roosevelt, President of the United States, under and by virtue of the authority vested in me by section 2 of the act of June 16, 1933, 48 Stat. 254, as amended by section 515 of title III of the act of May 10, 1934, 48 Stat. 760, Public Resolution 36, approved June 28, 1935, 49 Stat. 431, and Public Resolution 48, approved June 29, 1937, 50 Stat. 358, do proclaim that the postage rate on books consisting wholly of reading matter and containing no advertising matter other than incidental announcements of books, when mailed under such regulations as the Postmaster General shall prescribe, shall be for the period commencing