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Oshawa Daily Times, 9 Oct 1930, p. 13

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Es The Oshaua Daily dimes 2% VOL. 7--NO. 84 § A OSHAWA, ONTARIO, Ba OCTOBER 9, 1930 PROCLAMATION Believing that general trade conditions will improve when money circulates more freely, a movement to be nationally known as "PROSPERITY WEEK" will be inaugurated across Canada during the week of October IIth - I8th inclusive. The basic principle which inspires this action is to stimulate the circulation of money which; in turn, will influence trade, create work for the unemployed and bring about the return of general pros perity throughout the land. I, therefore, as Chief Magistrate of your City, appeal to all citizens including man- ufacturers, merchants, members of the professions, civic officials and the Press, to give this prosperity campaign their earnest support and co-operation, T.B. MITCHELL Mayor Within a short time, all 'the re- tors of outstanding importance are ing one of the hardest difficultes|is compared with the present situa- "One thing stands out very clear- Phillips and Killen family. Both will FAVORABLE VIEW warkable galos scored in the course | operating towards this end. First | confronting the economic structure | tion, with the result that a consid- | ly," says the Conference Board, re- NORTH OSHAWA receive pretty calendars as did the . of the first 1% days of Heptember |the new Canadian tariff bill which [of Canada." erable degree of encouragement is | ferring to the charts. "In none of p oldess lady present, Mrs. Warren Sr., were drastically erased," state Wat- | affords excellent opportunities of EE extended to the business interests | the factors pictured was the change and the oldest man, Mr, H. Dennis, 80 great in 1930 as in the earlier S S RALLY DAY and the youngest, Baby Parker. son and Cha, )ors, members of the | greater expansion to our key in- of the country. The charts accom- j Montreal Stock xchange, in their | dustries; second, the constructive HOPE IS DERIVED pany a bulletin just published on | period. Whatever the antecedent Ue In the even Mr. Fred Ridi "The Current Business Depression." [inflation before the recent drop, it a thee ENE sok the BE ie ngs market letter. It goes on to say | policies actually debated at the Im- was far from being so extreme w------ . his sermon was much appreciated ~ GANADI MARKET fiver: Dari) Conterghes Wiilely' heat beady The period 1919-1921 is compar- |as in th Mergen Pg hs > . | of effective results for Canada as ' - "las in @ unusual con ons whic : . . Ket The collaps: of the wheat Rus. | well as for the rest of the British FROM STATISTICS od with that of 1926-1930. The fact | preceded the drop in 1920. As |Young and Old Joined in an hh i BT Riding if sian dumping 'of creats In Europe | Commonwealth of Nations. Fur- is demonstrated that business pen- |the present depression is less sev- Inspiring Ser- is a good, fluent speaker. 'Return to Healthier and Nor-| was nothing short cf a wheat panic | thermore, an exeptced improvement dulum does not swing through a [ere, there is good ground for hope ' and was largely responsibla for the | In unemployment is well in sight, Considerable D Degree af En-|perfect arc. The greater part of |that it will not be so prolonged as vice wt On Tuesday evening Mr. Oscas from the preceding |that of ten years ago. Burgoyne. and his bride - to-bes mal Conditions Taking depression experienced by the mar- gus to Serious STappling wiih his Given by the decline Pl ket, thus precipitating s steady culty on the part of municipal, couragement maximum, during each of these two - sou North Oshawa, Oct. 6--Rally Day. Miss Irene F of Oshaw liquidation of stocks. Although a | Provincial and federal authorities, Charts __ |periods, occurred within a few TOO RISKY igi Ho A our Sunday School ponte po A A Ei biti technical recovery was staged on |as well as by the two large raliway months. Dullness then ensued, | .porhert!" exclaimed Mr. Meek-|on Sept, 28 and the programs sup- |riage by thei ' Jil ! A - Sept, p- | riage by their North Oshawa friends Wednesday, the unsettled condi- companies, which have adopted re- and when the upward swing began |... wife. "I am at a loss to un- plied were followed as closely as|wit. a shower given at the Burgoyne it was by no means a counterpart |gorstand your conduct when we |possible. Mr. Gordon Maxwell who | home. About sixty guests were some from Harmony "Continued low level of business -activity, aggravated by persistent [tion of the market was again evid. | Hef plans involving very wsubstan- New York.--One dependable ray "@dverse - conditions prevailing {ent in the trend of subsequent days | tial expenditures for various works | of hope has appeared on the other- | of the decline but a very slow and parted. 1 sald good-bye and why |is a brother of our regular speaker, | present with ~throughout the wide flold of com- [and in general the lost remains de- | to be undertaken as quickly as pos- | wise gloomy horizon of business. | gradual climb. This fact suggests |4jdn't you reply?" Mr. Frank Maxwell, gave a stirring | and Oshawa. The happy couple wera Troditles has bad its reflection in | pressed at the end of the week, sible. We still hope that at the Statisticians of the National Indus- | that In the months since July, 1929 "I was just about to do so, Hen- | talk on his experiences of the sum- busy for some time opening the love« trial] Conference Board have pre- | we may have passed through the |rietta, but I checked myself, I was |mer while preaching in the Peace |ly and useful gifts (besides a few =the most pronouvacad slump of re- "As regards Canada, all things Imperial Conference the problem pared a series of six charts of busi- | part of the decline and bave about |afraid you would accuse me of try-| River district. There were 112 pres- | jokes). Dancing and card playing Fw markets toking place in the | considered, a return to normal and ew York and Montceal Stock Ex- [healthier conditions is obviously [of wheat marketing will find a | negq factors by which the period of | reached the low level to be expect- |ing to have the last word"--Tit-[ent. The prize for the largest fam- | followed with refreshments served "#hanges duping the pass two weeks. aking place. Two sipengihagtng tac | satisfactory solution, thus eliminat- | general depression of ten years ago ef in:the present depression. Bits. ily present was a tie between the 'about - midnight. ; wok » fig % no 4 2 \ id § ing Mb SOE id ' on wr rc apa Why Delay Having the Comforts of Modern Plumbing and Heating in Your Hoxie When You Can Pay For Them on Monthly Payment Plan Small Cash Payments, and 24 Months on Balance, if Desired, With Low Rate of Interest Mr. F armer | Why N ot Have All City Conveniences in Your Home When This Plan is Open to You. We Offer You Easy Terms on Necessities Not Luxuries 1 PH CANADIAN § pReEee

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