Democratic National Campaign Committee Facts -- Mr. Business Man
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Gilder Lehrman Collection #: GLC09532.03 Author/Creator: Democratic National Campaign Committee Place Written: s.l. Type: Broadside Date: 1936 Pagination: 1 p. : 33 x 19 cm. Order a Copy
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Facts-
Mr.
Business
Man
"The drop in red ink sales in the past few months is the most remarkable feature in our trade history."
- Fred L. Whalen Ink Executive, N.Y Times, March 15, 1936
IN 1933 BUSINESS BEGGED FOR HELP
Under Republicans, mass buying power dried up.
Trade shrunk- factories closed- banks failed- unemployed walked the streets.
With courage & foresight President Roosevelt dared to use new methods and seek new goals in speeding recovery. By drawing on government credit, by building a more solid foundation of national security, and by reviving the people's buying power, HE PULLED BUSINESS "OUT OF THE RED."
TAKE STOCK OF YOUR GAINS
BANKING. During 12 Republican years there were nearly 900 bank failures a year; in 1935 there were 34. So far in 1936 no national bank has closed. The National Association of Mutual Savings Banks reports the highest number of individual depositors in banking history (1935).
REAL ESTATE. Construction contracts have increased 271 per cent (March 1933-26). Almost four times as many homes were built in the first quarter of 1936 as in the same period in 1934
INDUSTRY. Dun and Bradstreet report the highest level of industrial production (Spring, 1936) since 1930. Auto production advanced 311 per cent (March 1933-36); General Motors net profit jumped from $165,000 in 1932 to $167,000,000 in 1935 - a thousandfold. Steel production advanced 151 per cent; U.S Steel (1935) shows first net profit since. Earnings of 921 leading corporations (Standard Statistics) increased 380 per cent between 1932 and 1936. Railroad earnings at 5-year record. Electric power production at new high,- 15 per cent above prosperous 1929.
STOCKS AND BONDS. Listed stocks (average) on N.Y Stock Exchange advanced 151.9 per cent (March 1933-36), bonds, 32 per cent. New security increased 1 1/2 billion for first six months of 1936 over 1935 and dividend payments largest for any half year since 1931- a gain of 36 per cent in 3 years. U.S bonds at top levels
DOMESTIC TRADE. Retail sales in 1935 back to two-thirds of 1929 volume. Rural sales, highest since 1930. Montgomery Ward (big mail order house) reports largest net sales in business. Auto sales (1935) exceeded only 3 times before. Life insurance sales (first 6 months, 1935) 50.8 per cent ahead of same period, 1933. Commercial failures decreased 38 per cent since 1932.
FOREIGN TRADE. Value of exports rose 42 per cent (1933-1936) ; imports, 55 per cent.
National income (1932).......... 39 billion dollars
National income (estimated 1936)....... 60 billion dollars
ROOSEVELT ENABLED YOU TO BALANCE YOUR BUDGET HE WILL BALANCE THE NATION'S BUDGET
KEEP PROSPERITY
AND PRESIDENT ROOSEVELT
DEMOCRATIC NATIONAL CAMPAIGN COMMITTEE
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