tourist literature. In the same period, it has prepared and distributed
about 250, 000 copies of press releases and feature articles. These articles
have been published in 34 states, in addition to several magazines with
national coverage. Newspaper coverage alone was 44 million copies.
Equivalent advertising space would have cost about $43, 000. We can
afford no longer to neglect this very remunerative source of income in
Maryland.

I should like to emphasize a point to you that our overall achievement
in the economic development of Maryland is not confined to the more
spectacular accomplishments such as bringing in new industrial plants.
Quietly and in many ways, the Department of Economic Development
has gone about the business of encouraging and assisting the various
communities of the State in establishing and carrying on their respective
programs of development. Since January 1, 1960, thirteen new economic
development groups have been formed in Maryland. The Department
played a greater or lesser role in the organization of ten of these. The
Department helped to organize, and nurtured through its infancy, the
Development Credit Corporation, which, I am pleased to report, is on
its feet and making progress. Just yesterday, I received a report that this
credit agency, which has operated at full scale only from the early part
of this year, has made loans totaling $800, 000 for industrial expansion
in Baltimore City and in Anne Arundel, Garrett and Somerset Counties.
The Department has launched programs of an assorted variety to im-
prove the economic condition of our people, some of them having
gained nationwide recognition.

Just last week, I opened a conference in Baltimore designed to explore
Maryland's capabilities for participating in national defense production.
There we met with federal government procurement officials and others
to talk about how Maryland's industries may help in the defense pro-
gram, and, of course, by doing so help themselves. The meeting, I think,
was a success, and I am confident that the Maryland economy will
benefit by the program that was initiated there. As a result of our alert-
ness, Maryland was among the first of the states to participate in, and
benefit from, the federal government's new program of area redevelop-
ment for the so-called "depressed areas. " And, incidentally, I think that
Maryland can with justification claim some of the credit for the establish-
ment of this federal program of assistance to economically under-
developed areas of our country.

You will recall that when I was here a year ago I spoke to you about
the Appalachian Governors' Conference in Annapolis on May 20, 1960.
This Conference was called by me because I felt that many of the prob-

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