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The simple fact is that today there are more than four million operating business enterprises in this country, over one million more than existed in 1332. Corporate losses in that fateful year were over $3 billion; in 1951, corporate profits, after taxes, reached the staggering total of $18 billion.
Democratic policies and programs rescued American agriculture from the economic consequences of blight, drought, flood and storm, from oppressive and indiscriminate foreclosures, and from the ruinous conditions brought about by the bungling incompetence and neglect of the preceding twelve years of Republican maladministration. Economic stability, soil consecration, rural electrification, farm dwelling improvement, increased production and efficiency and more than seven-fold increase in cash income have been the return to farmers for their faith in the Democratic Party.
Democratic labor policies have rescued the wage earners in this Country from mass unemployment and from sweat shop slavery at starvation wages. Under our Democratic administrations, decent working conditions have become the rule rather than the exception. Self organization of labor unions and collective bargaining, both of which are the keystone to labor* management peace and prosperity,
67.7%