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SPEECH OF SENATOR HARRY S. TRUMAN BEFORE THE MILWAUKEE ADVERTISING CLUB, MILWAUKEE, WISCONSIN, ON THURSDAY, MARCH 23, 1944, AT 8:00 O'CLOCK IN THE EVENING RELEASE ON DELIVERY Mr. Chairman and members of the Milwaukee Advertising Club: I appreciate your asking me to be with you tonight and I hope that I shall be able to discuss some matters of interest to you, both as advertising men and as citizens. In the twenty-odd years between the first and second world wars advertising had been steadily increasing in importance to American business. An advertising budget that would have seemed staggering in 1920 was considered inadequate in 1940, There is, of course, a somewhat superficial point of view which looks upon advertising in general as an effort on the part of the producer to promote the sale of his article or service above that of all competitive articles or services, and hence views the increasing expenditures for adver- tising as an additional cost item which ultimately falls to the lot of the consumer. Such a position wholly overlooks the fact that honest advertising helps to introduce new articles and stimulates the sale of a class as well as a certain brand of articles. This, in turn, enables the manufacturers to produce in larger quantities, thus providing additional employment and re- ducing the cost of production. The final result is to place within the reach of lower income brackets a greater number of articles which contribute to the comfort and amenities of living. I should venture to say that advertising has in this manner made a considerable contribution to reising standards of S REUMAN,