The Waterbury Democrat., 1937-10-20

general business condition in Con. necticut has improved steadily, with slight recessions, since 1882, and that during the year 1887 1t has not only been above normal, but has approached the peak of twenty per cent above normal achieved in 1920 and 1929.
 Indications
 Other indications of business im- provementS are prevalent every- where. New automobile regiStra- tions rose from 28,000 in 1888 to 00,000 in l936. Receipts from sale of principal farm products i,l Connecticut rose from S3l 100000 n 1888 to t42,000,000 in l9S6. Postal receipts, postal savings deposits, and deposits in all banks showed an increase Internal Revenue collec- tions rose from Sl8,0o0000 in 1883 to S36,000,000 in 1885 and to ap- proximately $76,000,000 in 1887. The total accountable income for the state rose from S86l ,000,0O0 in 1883 to more than billion dollars in 1885. The average income per per- son in Connecticut rose from $507 in 1893 to 9007 in 1036, and Is still going up. It is significant to note that the income for Connecticut has exceeded the national average. Each persons in Connecticut rec ceived, on an average, A per cent more income than the average for the entire United States.
 It Is unnecessary to mention all of the forces which made this iln- provement possible. Many advan- tages were obtained by Connecticut through the Reciprocal Trade treat les negotiated by this administra- ton. In fact, Connecticut has actually benefited more than any other state from these trade agree nents. Relief expenditures and public works projects have, of course, helped tremendously by pro- viding new purchasing power among those previously unemployed, and by aiding indirectly the industries sup- plying materials for construction work.
 Farmer Profits
 The laws improving agricultural conditions have increased the in come of the farmer, and he in turn has been able to purchase more machinery and equipment! There IS hardly any accomplishment of tho Federal administration at Washing ton that has not reflected itself in some way in improving conditions in this state. We are fortunate, by virtue of our extensive business and industrial activity, to be in Q posi- ton to benefit by increased purchas- ing power in every section of the country. For Connecticut supplies manufactured articles of such wide variety that its products go into all states of the nation and into many parts of the world.
 I have contended, and I still main tain, that our greatest recovery has come from confidence inspired first by the leadership of our President, Franklin D. Roosevelt, and the pol- icies of the Democratic adminis- tration, and also by the actual op. eration of the laws thus far enacted in our social and economic reform program.
 To continue our upward trend we must maintain and increase that confidence. There is still much capital to be invested and there still is great purchasing power among our millions of people which will be placed into channels of trade and commerce as confidence grows.
 Duty to People
 My duty aS your Senator Is to in. terpret the needs of the people, and of business and industry, in Coia- necticut, and have them applied to legislative action, but, at the same IT,e to keen ifi mind that measures