The Depress~on 86
PEN~,
Comes to 8 September
Poughkeepsie
125
1932.
87 c. North; ·Growth and Welfare in the AnierDouglas can Past. (Prentice-Hall, Englewood Cliffs, N.J. 197 4. ) p. 165. See also; ·Polk's Directory: for the years 1931-36 for the picture of assessed value: 1931= 52,208,372. 1932=50,108,092. 1933=52,801,411. 1934=52,126,475.06. 1935=53,354,597.87. 1936= 50,312,710.87. The notion that money was being "hoarded" and if only people would use their cash the "Depression would be over'', found expression in an editorial in the Sunday Courier headed, "The Depression." S. C. , 15 November 1931. . See also. PEN. , 26 November 1930. N.Y. Constitution. Art. VI~ Section 10. 88 1931. PEN., 2 January 89
1930. See also PEN., PEN., 19 September 1932. The State Highway Division announced it drop 32 local employees as part of the state's move.
11 April would economy
90 PEN., 3 February 1931. See also PEN., 6 February 1931. The editorial cartoon by Cargill headed "Another Earthquake Possibility" reflects the fear of increased money in circulation if the Soldiers Bonus Bill passed. 91 92
PEN., Ibid.
1 November
1930.
