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Merced, CALIFORNIA (6:55 am.)
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Well, it certainly is a pleasure to see you this morning. I didn't
get up quite so early this morning as I usually do. I missed a great crowd
back at Tracy, but I just have to have a little sleep, I can't go all night
and all day, too. They tell me that this is the richest Valley in the United States, and I am glad to have a chance to look it over. Your interest, of course, is agricultural, and the party that has been interested in agriculture and that has made it possible for the farmers to have the greatest income they ever had in their history is the Democratic Party. I don't think the Republicans ever did anything specific for the farmer. If they did, it was by accident and not intention. You remember the old Farm Board. Well, as soon as the Democrats took over, after everybody was broke and all the farmers in the country were being foreclosed, it was necessary for the Democrats to do something to save the farms for the farmers. In 1932 there were 123,000 farms foreclosed. Do you know how many were foreclosed last year? Just about 800. The farm debt has been reduced 50 percent. The farm income is the greatest ever in the history of this country; and the farmers have $18 billion on deposit in the banks. Now that was not an accident. That happened because the policy of the Democratic Party is to see that the national income is equitably distributed, to see that the working man, the farmer, the small businessman and the white-collar man gets his fair share of the national income. The Republican policy is to let the big fellows get the big incomes, and let a little of it trickle down off the table like the crumbs fell to Lazarus. That is not the policy of the Democratic Party at all. And if you will study your history, you will find that that has been the policy of the two parties ever since they were organized. There is only one thing you can do to protect yourselves, and that is on the 2nd of November to go to the polls and vote for a Democratic Congressman. Mr. White, I think, is the candidate from this district, and they tell me that he is a fine man. You ought to elect Mr. White to the Congress; and if you do that, of course, you will elect a Democratic President, and I won't be troubled with the housing shortage. I am sorry to report that my family are not the early risers that I am, and I can't introduce my wife and daughter to you at this early hour in the day. I am sorry about that, because I know you would like to see them. Thank you very much.
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