OCR Text |
Show bone of the country, but the thousands thous-ands of smaller payroll and industry towns in the country whose story is told week by week in the country press is the body of our economic structure which gives the backbone life. Rural press circulation reaches a majority of working, thinking Americans Am-ericans in their homes and is the great national stabilizer. The business stability of the nation na-tion depends, as President Hoover has said, on the pulse of the millions back in the country, suburban and interurban communities and does not exist by the fiat or the decree of the metropolitan brains and hearts and purse strings. COUNTRY PRESS STABILIZES NATION. At the conclusion of the greatest era of stock speculation in history, President Hoover checked mass hysteria hys-teria by mobilizing industrial cooperation coopera-tion and showing the people that the business of the nation was on a sound basis. What he did was in line with the continuous educational work of thousands of country weekly and small daily newspapers which stand for national stability and industrial development. These community newspapers devote de-vote much of their space to showing how the great bulk of the payrolls and smaller industries maintain business busi-ness and employment at a normal level all the the year around. Great corporations, enormous skyscrapers, ocean steamship lines, railroads, banking bank-ing and utilities may be the back- |