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Nogales, Santa Cruz County, Arizona
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Governor Smith convinces Eastern business leaders that farm prosperity boosts industry by enhancing farmers' purchasing power. Owen D. Young supports Smith for advocating economic equality for farmers, countering eight years of indifference influenced by Herbert Hoover's views.
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That Farm Prosperity Will Aid Industry
That Governor Smith, in his determined stand in behalf of agriculture, has already accomplished great things for the farmer becomes more apparent every day.
Governor Smith is convincing the important business men of the East that prosperity of agriculture means as much to them as it does to the farmer himself. The indifference of the East to farm legislation is disappearing. For eight years the business interests of the East in general have accepted Herbert Hoover's belief that agriculture's gain would be industry's loss.
Governor Smith has undertaken to show them how essential it is to increase the prosperity of the farmer, and thus to increase the buying power of one-third of the national population for manufactured products.
Announcing his support for Governor Smith, Owen D. Young, Chairman of the General Electric Company, said:
"On this farm problem, we must affirmatively move, because staying here will spell disaster. I believe in Governor Smith's capacity to lead the American people to action.
"I am supporting Governor Smith because I believe in his willingness and his capacity to put the farmers of this country on an equality with its industry. I am tired of hearing of farm relief as though the farmers of this country, as a class to whom all my people belonged, are the kind of men who stand with their hats in their hands begging alms in the shape of Government doles.
"They ask for an equality of economic opportunity, and they are entitled to it. Not only must they be given it politically because it is right, but they must be given it from an economic standpoint if the prosperity of this country is to continue."
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Governor Smith convinces Eastern business men that agricultural prosperity benefits industry by increasing farmers' buying power for manufactured goods, countering prior indifference influenced by Herbert Hoover; Owen D. Young endorses Smith for promoting economic equality for farmers.