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Editorial
October 12, 1933
Watauga Democrat
Boone, Watauga County, North Carolina
What is this article about?
The editorial praises Boone merchants for participating in the Fall Bargain Carnival by offering low prices on goods to support the federal government's recovery drive and stimulate money circulation during the economic panic, urging the public to buy and reciprocate their efforts.
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Full Text
BARGAIN CARNIVAL
The most profitable portion of The Democrat today is likely confined to the four pages of special advertising carried by the merchants in connection with the recovery drive of the Federal Government and the annual Fall Bargain Carnival. This event must not be confused with the ordinary sales events. Boone merchants are simply attempting to continue to do their part in backing the President, and are willing to sacrifice goods bought on a low market in order that circulation of money may be loosed. It would be infinitely more to the advantage of the retailers to hold their goods until prices advance still more and get the benefit of the increased price, but they don't want to do this. They want to help out and give the public the benefit of the price advance. They are doing this in a big way and folks ought to reciprocate by buying all the things they have neglected to buy during the panic. The advertising matter today should command the attention of all readers. Buying now is simply good business.
The most profitable portion of The Democrat today is likely confined to the four pages of special advertising carried by the merchants in connection with the recovery drive of the Federal Government and the annual Fall Bargain Carnival. This event must not be confused with the ordinary sales events. Boone merchants are simply attempting to continue to do their part in backing the President, and are willing to sacrifice goods bought on a low market in order that circulation of money may be loosed. It would be infinitely more to the advantage of the retailers to hold their goods until prices advance still more and get the benefit of the increased price, but they don't want to do this. They want to help out and give the public the benefit of the price advance. They are doing this in a big way and folks ought to reciprocate by buying all the things they have neglected to buy during the panic. The advertising matter today should command the attention of all readers. Buying now is simply good business.
What sub-type of article is it?
Economic Policy
Trade Or Commerce
What keywords are associated?
Bargain Carnival
Economic Recovery
Merchants Sacrifice
Federal Drive
Money Circulation
Panic Buying
What entities or persons were involved?
Boone Merchants
Federal Government
The President
The Democrat
Editorial Details
Primary Topic
Support For Federal Economic Recovery Via Bargain Sales
Stance / Tone
Supportive And Exhortative
Key Figures
Boone Merchants
Federal Government
The President
The Democrat
Key Arguments
Merchants Are Sacrificing Profits To Back The President's Recovery Drive
Selling Goods Bought Low To Loosen Money Circulation
Better For Retailers To Hold Goods But Choosing To Help Public
Public Should Buy Neglected Items During The Panic
Buying Now Is Good Business