The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1930-10-17
TOM STOUT ON
KICK WE'D. NOON.
LEWISTOWN CANDIDATE FOR
CONGRESS LAYS BARE
THE VITAL ISSUES

- DAOA6 ~ W WIN 49,
KICK. Mr.. Stout is the Demo
cratic candidate for representa-
tive in Congress and is opposin,
Congressman Leavitt, Republican
who now represents the Secont
district.
Mr.. Stout is doing some rapit
campaigning. He spoke in Grea
Falls Tuesday night, here Wed
nesday noon, at Fairview that at
ternoon and in Sidney in the eve
ming. Tom, as everybody calls
him, represented Montana in con
gress several years ago. He al
hes himself with the progressive
element of his party.
In his speech he spoke rapidly
and went directly to the meat OF
the issue from a Democratic view
point.
Mr.. Stout's speech, in part, fol-
lows:
AS l reflect upon the splendid
history of u nation, / I'm unable
to refrain from brooding some
what upon a development in the
life of our country which is so
destructively affecting the exist
ance of rural communities
throughout the land. The rest
less, relentless march of progress
is sweeping thousands Of small
American towns, village and cities
entirely out of existence or leav-
ing them but shadows Of their
former prosperity and happiness.
For the first so years of u ex-
istence this was an agricultural
nation. Up to the time Of the
civil wal agriculture predominant
ed and the farmers dictated the
politics and the economic policies
of our government. Within a per-
iod of 60 years, following the civil
war, we have seen our country
transformed from a predominant
ly rural and agricultural country
into the most highly industrializ-
ed nation in the world.
The history of this change is
familiar to all Of us. 1t was has
tened by the establishment of the
policy Of lending the aid Of our
federal government to industry
through the enactment of tariff
and other special legislation de-
signed, in the first instance, to
safeguard our infant industries.
Once accustomed to such prefer
entail treatment these industries,
many Of them now grown into the
most gigantic establishments to
be found anywhere on earth have
continued to demand special ia
vors even though the granting of
them works and ~incalculable hard
ship upon our primary industry,
agriculture, and almost impossible
burdens upon the great mass of
people.
Agriculture Stricken
While industry has been collect
through the operation of the
tariff, a toll Of billions of dollars,
much Of which vast wealth has
helped to create and fabulously
augment a few enormous fortunes,
the millions of people engaged in
farming have been fighting, unsuc-
cesfully, in a tragic number Of in
stances, for their economic exist
ence. / need not recite here the
story of stricken agriculture dur
ing the last ten years. Suffice it
to say that the supreme injus-
tice was inflicted upon that indus
try some 10 years ago, when the
cruel, ruthless and almost Grimm
al de1ation order was issued by
The Federal Reserve bank. AS a
result of that order, billions of
dollars Of agricultural values were
destroyed over night and thou !,
sands Of banks and other business
Establishments were plunged into
bankruptcy as hundreds Of thou +
sands of their farmer customers j.,
,ound it impossible to longer con I
inue their lifelong occupation.
Coincident with the utter de- !
noralization Of agriculture, the !
great manufacturing regions and &
financial centers were enjoying a s
period OF unexampled prosperity.
aided and encouraged by an ad-
ninistration of our national af- T
lirs which remained deaf to the '
Pleas OF millions who were try v
ng, in the face of impossible con-
Iitions, to maintain our farming in j
Iustry, the leaders Of finance and @
manufacturing promoted a boom b
comparable to none which was b
yer known in the entire history (
4 human activities. t
The election OF President Hooy- Y
r was properly taken as a war a
ant for the extension Of every b
onceivable character Of financial
nd industrial 'racketeering'. $
Speculation Orgy IN
The virus OF speculation spread Il
alto every community OF the land.
he surplus funds Of the entire D
alton were poured into the stock 3
BY Millions who thought h
a.