to actual buying power. Much will depend on the economic conditions during the years ahead. More people will not necessarily mean more sales if the government does not curb its spending. Such spending makes for highly progres sive taxes which undermine profits and cripple business incentive. Neither will more people mean more sales unless we are able to adjust as a nation to the vast changes which are ahead. I have in mind the further development of atomic power, automation, speedier trans port, and other new manufacturing and marketing techniques. Mere bigness in numbers and in potential resources will not assure our pros perity. Hence, my repeated empha sis on the need for more religious training of our children. Are There too Many People? Our rapid population growth scares some folks. They fear we cannot produce enough food for all these people. I do not share those fears. We have learned during and since World War II how to step up our crop yields to levels not dream ed of a generation ago. We now have food and feed surpluses. In i gation and phosphate can produce miracles. Surely more people in future years may well solve our current farm problem of overproduction. In fact, I forecast that the time is not far distant when we shall be eagt r to increase our farm output. We will step up our crop yields to new rec ord highs through an intelligent use of irrigation and fertilizer and other soil and crop builders. I am opti mistic about the future of American farmers.

71.3%