Press Release, Truman for Senator State Headquarters

Editors:For release to AFTERNOON pepers of Oct. 17 and after TRUMAN-EOR-SENATOr HEADQUARTERS THEN Madison Hotel William P. Harvey Jefferson City Missouri RECORD& publicity Director BERVICE" is Umonvalle TRENTON, MO. Oct. 17;--The nation itself was insolvent when taken over by the present Democratic national administration, it was charged here tomay M by Judge Harry S. Truman,Democratic nominee for United States Senator. Tru man is making his canvass this week in counties north of the Missouri riv- er,ending with a day in St. Joseph at the close of the week. Truman said that in the Wall Street crash, there was lost in actual and *illusionary " wealth 120 billion dollars. This sum approximated the accum ulated earnings of the nation over thirty years,he said. The figures showe what a stern task it was that confronted President Roosevelt on his taking office, he declared. The situation, he said,did not bear out Republican assertions that the Re publican party was the constructive party in the United States. They show on the contrasy,he asserted, lamentable lack of proper direction of the nation's economic and financial affairs. Graft,fraud and pillage, he charged had left the financial system of the country a mere shell. Wall Street val" ues,he asserted, had been based on future earnings of various corporations current and not on values. Because of this false value system, Truman declared the entire economic system of the country was thrown out of gear. Wages were held low to afford dividends,while corporations earning large profits overbuilt their plants to increase production on a market that was being undermined by uneconom- the ic returns to industry's consumers, farmers and workers. The attitude of leading Republicans toward our plight accentuates it, Truman declared. Since the first signs of returning prosperity, every Re- has publican of old Guard instincts, hove mustered up courage enough to start throwing rocks. The chief hurler is my opponent, Senator Roscoe C. Patter- son. He would complete the ruin his votes aided in starting. - Coau