Kingsville Record (Kingsville, Tex.), Vol. 26, No. 30, Ed. 1 Wednesday, March 9, 1932 Page: 3 of 12
twelve pages : ill. ; page 20 x 13 in. Digitized from 35 mm. microfilm.View a full description of this newspaper.
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It took no less a power than Uncle Sam to break the
vicious circle that was threatening America with serious
harm. BUT THAT VICIOUS CIRCLE IS BROKEN AT
LAST — ITS SMASHED! And the whole country is
drawing a deep, thankful breath.
When times grew tight we all got frightened — just
plain scared! Trade was poor, jobs insecure. And so
lots of us just tucked our savings away in an old sock
and held on! It was the worst thing we could possibly
have done. For buying fell off — banks grew more
skittish about credit — jobs became even scarcer. But
we kept on tramping around the circle like a blind horse
—just tiring ourselves out.
4
Many fine local efforts were started to put things right.
“Buy Now” movements — “Spend Normally” drives.
Remember them? Of course they did little good. We
thought the ship was sinking. We were going to play
safe. We all agreed that the way to end depression was
for EVERYONE to release hoarded cash AT ONCE.
But who was to take the lead? That was another story.
So Uncle Sam finally HAD to take a hand. He agreed
first to back the banks. And credit is easier already
for all of us. Best of all, he set a time for that long-
awaited simultaneous country-wide spending and
investing of hoarded money. THAT TIME IS HERE
IT’S TODAY! From Maine to California, folks are
beginning to “loosen up.”
Common sense tells us, as the sensitive stock market
barometer tells us, that the storm has passed. ITS
SAFE FOR YOU TO JOIN THE PARADE OF
SENSIBLE SPENDERS WHO ARE AT LAST BUYING
THE MANY, MANY THINGS THEY’VE BEEN NEED-
ING SO LONG.
4
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Kingsville Record (Kingsville, Tex.), Vol. 26, No. 30, Ed. 1 Wednesday, March 9, 1932, newspaper, March 9, 1932; Kingsville, Texas. (https://texashistory.unt.edu/ark:/67531/metapth869477/m1/3/?q=Lamar+University: accessed June 4, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; .