Press Release, Truman for Senator State Headquarters

Editors: for Release to morning papers of October 19 and after. TRUMAN-FOR-SENATOR HEADQMARTERS THEAR Madison Hotel ARCHIVES s "NATIONAL AND Jefferson City, Mi ssouri William P. Harvey RECORDE SERVICE" Publicity Director MOBERLY,MO.,Oct. 18:--Devoting the greater part of his speeh here tonight to farm problems, Judge Harry S. Truman,Democratic nominee for United States Senator,reiterated his thanks to the farmers of Missouri for the large vote given him in the primaries by farm communities. Truman said he had obtained a majority in the primary of votes cast out- side of St. Louis and Kansas City and for that reason he felt that he had become the candidate of the entire state and more notably of its farms and small towns. He declared that his ten years on the farm as a "dirt farmer" qualified him to take a practical view of farm legislation when it reaches the senate and that he had a firm grasp of the problems of agriculture. "The Most momentus day for the American farm in recent history was May 12, 1933, when the Agricultural Adjustment Administration Act was approved," Truman said. "Its purpose was to increase the prices of farm commodities and to withdraw surplus land from production. For the first time the farm was given a chance to limit production to needs as a means of holding up prices, a privilege industry takes as a matter of course. "The AAA act also provided 2 billion dollars with which to refinance farm mortages at per cent interest. It provided for the issuance of 3 billion dollars in federal reserve credits and gave the President the power to alter the monetary system. "This act was followed in less than a month by the government going off the gold standard for the purpose of increasing commodities prices for the farm and industry. Shortly afteryards the farm credit act became effective. This provided loans to agriculture for production