Seward daily gateway. [volume], January 05, 1931, Page TWO, Image 2

About Seward daily gateway. [volume] (Seward, Alaska) 1923-1933

Image provided by: Alaska State Library Historical Collections

                
SOME ONE HAS SAID “IT IS JUST AS PATRIOTIC
TO SPEND TODAY AS IT WAS TO BUY LIBERTY
BONDS DURING THE WAR.” THE SPENDER TO
DAY WILL PROVE TO BE THE CONQUEROR OF
THOSE TWO GREATLY MAGNIFIED BUGABOOS,
DEPRESSION AND U N E M P L O Y M E NT. THE
HOARDER HAMPERS THE RETURN TO PROS
PERITY.
There is no real reason nor reasoning to justify
the great fear of spending that the public has conjured
up hi its mind. Let us see if this is true.
Depression is due to lack of business. When (he
public stops buying, demand ceases and when demand
erases production halts and when production Halts un
employment remains stagnant. So depression is a direct
and definite result of the lack of spending.
The public has the means to buy for only a small
percentage are actually unemployed. Let us see if tnis
is true. Of America’s 120 million population there are
approximately 100 million able to work. There is today
about three and one-half million unemployed. The av
erage unemployment during normal, prosperous times
is two million so that only one and one-halt million are
out of work todav over the normal times or about one
and one-half per cent of the working population.
The rest of the people can buy if they will. They
have the means, the need, the desire if they will only
banish fear. Spend and you create demand * * * create
demand and you start production * * * start production
and you diminish unemployment. Money in circulation
is the only solution to national and individual prosperity
THE FOLLOWING CONCERNS AND INDIVIDUALS ARE SPONSORING Tfl
BUY NOW MOVEMENT
BROWN & HAWKINS CORPORATION
SEWARD STEAM LAUNDRY
URBACH & VALADE
BANK OF SEWARD
CAL M. BROSIUS
CHARLES A. TECKLENBERG
SEWARD DRUG COMPANY
SEWARD MACHINE SHOP
ALASKA TRANSFER
THE GATEWAY PUBLISHING COMPANY
J