Description:

LYNDON B. JOHNSON BILL-SIGNING PEN
A great presidential relic, a pen used by President Lyndon B. Johnson to sign the Urban Mass Transportation Act of 1964. The pen bears a steel nib attached to a black barrel with clear plastic handle which itself is printed in gold: 'THE PRESIDENT - THE WHITE HOUSE'. It is enclosed in a 20.75 x 16.5 in. black wood frame, accompanied by an official printing of the bill which is dated Jan. 2, 1964. The pen is attached to beige cloth matting above the calligraphy presentation made by Johnson to Gene R. Schaefer on Sep. 30, 1965. Fine condition. The Urban Mass Transportation Act of 1964 provided $375 million for large-scale urban public or private rail projects in the form of matching funds to cities and states. The Urban Mass Transportation Administration (now the Federal Transit Administration) was also created. It provided capital grants for up to 50% of the cost of transit improvements. It was the first major federal involvement in public transportation. Like the earlier Buy American Act of 1933, and the later 'Buy America' section of the Surface Transportation Assistance Act of 1982, the act contained a provision to encourage U.S. government funds to be spent on U.S.-made products.

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March 27, 2026 10:00 AM EDT
Elkton, MD, US

Alexander Historical Auctions LLC

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