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Editorial August 15, 1932

Seward Daily Gateway

Seward, Seward County, Alaska

What is this article about?

Editorial urging optimism amid economic depression, citing historical recoveries via government certificates and business cycle laws, calling for confidence in America's victory. Promotes Bank of Seward's savings accounts.

Clipping

OCR Quality

98% Excellent

Full Text

BETTER TIMES ARE COMING

Don't be Discouraged!

Don't lose the will to win ... don't join the pessimists who see naught but disaster ahead-

During a previous depression, the government had to issue paper "Clearing House Certificates" as a substitute for money. Conditions were just as bad, only we have forgotten.

Prosperity has always followed bad times--this is one of the laws of business cycles.

Now is the time to substitute the word "Reconstruction" for "depression."

Don't be discouraged. Lend a hand to reestablish confidence.

America will see this through and emerge victorious.

Better times are coming!

We pay 4 per cent interest compounded semi-annually on all savings accounts.

Bank of Seward

Travelers' Checks

What sub-type of article is it?

Economic Policy

What keywords are associated?

Economic Depression Business Cycles Reconstruction Confidence Prosperity Clearing House Certificates

What entities or persons were involved?

Bank Of Seward America

Editorial Details

Primary Topic

Encouragement During Economic Depression

Stance / Tone

Optimistic And Encouraging

Key Figures

Bank Of Seward America

Key Arguments

During Previous Depressions, Government Issued Paper Clearing House Certificates As Money Substitutes. Prosperity Always Follows Bad Times As A Law Of Business Cycles. Substitute 'Reconstruction' For 'Depression'. Lend A Hand To Reestablish Confidence. America Will Emerge Victorious From This. Better Times Are Coming.

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