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Editorial
April 27, 1915
The Evening Herald
Klamath Falls, Klamath County, Oregon
What is this article about?
An editorial urging readers to spend money locally to stimulate the community economy, contrasting the circulating benefits of local spending with the loss when money goes to out-of-town businesses.
Clipping
OCR Quality
98%
Excellent
Full Text
TEN-DOLLAR BILL
CONSIDER the power of a ten-dollar bill when spent at home.
It is like magic.
It circulates.
It pays off a hundred obligations.
It creates business and puts people to work in our community.
But the ten-dollar bill that is sent away to the out-of-town house does nothing for our town. It becomes dead to us. It is out of commission forever so far as our town is concerned. We never see it again.
Let us, then, give power to the money we spend. Let us remember that our best investment is that power money that we spend at home.
CONSIDER the power of a ten-dollar bill when spent at home.
It is like magic.
It circulates.
It pays off a hundred obligations.
It creates business and puts people to work in our community.
But the ten-dollar bill that is sent away to the out-of-town house does nothing for our town. It becomes dead to us. It is out of commission forever so far as our town is concerned. We never see it again.
Let us, then, give power to the money we spend. Let us remember that our best investment is that power money that we spend at home.
What sub-type of article is it?
Economic Policy
Trade Or Commerce
What keywords are associated?
Local Spending
Ten Dollar Bill
Community Economy
Circulating Money
Buy Local
Editorial Details
Primary Topic
Benefits Of Local Spending
Stance / Tone
Encouragement To Spend Money At Home
Key Arguments
A Ten Dollar Bill Spent At Home Circulates And Pays Off Many Obligations
Local Spending Creates Business And Employment In The Community
Money Sent To Out Of Town Businesses Provides No Benefit To The Local Town
Such Money Is Lost Forever To The Community
Spending At Home Invests In The Community's Economic Power