Cover of the Day: March 1932

FORTUNE March 1932
Diego Rivera
, Illustrator
Eleanor Treacy, Art Director

“Nothing in contemporary Russia is more interesting or significant for the future than the change in the Russian peasant which the increasing success of collectivization is producing… . As the peasants have been induced to join the collectives, a change in attitude has appeared. They find themselves for the first time on the way to becoming an economic and therefore political power. Where, previously, the complaints of a single peasant were merely disregarded and his grain seized, now the complaints of a thousand peasants banded together in a great collective are at least heard … now his interests are recognized, the price differential is narrowed, and the State concerns itself more and more with his well being.” —From “The Eternal Peasant” FORTUNE March 1932