Courtesy of the Ronald Reagan Presidential Library Museum, National Archives & Records Administration.
'Economic System' Stool
Artifact ID1981.00896.01
Object Type
Stool
Maker
Holly Scrogham
(Student, Globe High School, Globe, AZ)
Gifter
Holly Scrogham
Date
c. 1981
Medium
Wood, Ink
Dimensions6 × 7 1/2 in. (15.2 × 19.1 cm)
Physical DescriptionThis is a light-toned wooden stool with three legs; each leg is inscribed with one of the words "Government, Labor, or Capital" as part of a riddle written on the underside of the stool: "To President Reagan Question: which leg can you remove and still have a balanced economy? Answer: You must have government, capital, and labor to have a successful economic system! From Holly Scrogham Globe Az."Historical NoteWooden three-legged stool with each leg lettered "Government," "Labor," and "Capital." On the bottom is "To President Reagan" and a riddle.
Question: Which leg can you remove and still have a balanced economy?
Answer: You must have government, capital, and labor to have a successful economic system!
Presented to Elizabeth Dole by a Globe High School (Globe, AZ) student during the National Patriotism Week ceremony in the White House Rose Garden February 17, 1981.
Additional Details
Custodial History NoteThe item was a gift from a member of the general public to President Ronald Reagan during the Reagan administration. It was received through the Executive Office of the President Office of Correspondence and maintained there until its transfer to the National Archives in January, 1989 for deposit with the Reagan Presidential Library.
National Archives Catalog CollectionRecords of the White House Gift Unit (Reagan Administration) (National Archives Identifier 6816362) and
National Archives Catalog SeriesGifts from the General Public (National Archives Identifier 6816363)
Use Restriction StatusRestricted - Possibly
Use Restriction NoteCopyright or other proprietary rights may be held by individuals or entities other than the Ronald Reagan Presidential Library and Museum. The Ronald Reagan 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.
In Collection(s)
Related LinksMonday Minute: 3 Legged Wooden Stool
Additional Reagan Library archival holdings available at:
WHORM Subject File Code: GI002 (Gifts to the President) Case File Number(s): 017970- 017994