The Nome nugget., 1932-07-09
ALI NOME ENJOYED
 FOURTH JULY PROGRAM

rlOtiSm we owe to our country. It also recalls the trials and trib- ulations our forefathers have faced from that immemorable time to the present date, from which, we have gained invaluable building information and useful working tools. which have made possible the building of these grand and glorious United States of America,
 The veterans who have con ducted the celebration of this great day, for the past years, have been prompted, by their wis dom, to place the celebration of the Fourth of July in the hands of the younger generation. The enthusiasm and energetic manner in which We have taken hold of the work demonstrates that we are willing to carry On and we hope that we may measure up to their expectations.
 If l may be pardoned at this time for taking the liberty of digres- sing from the usual form of the Fourth of July address, eXtolling the deeds of our heroes and dis cuss with you d subject which is of vital importance, involving pat riotism and sacrifices from diff ferent standpoint.
 Today our country is facing serious economic problem, the sol ution of which is taxing the brains Iof the Nation. If it were war, our forefathers left us the spirit and the ways in which we could successfully combat the visible enemy. But this is more serious than war. Our enemy is not be- hind. breastworks or in trenches He is here, there, and everywhere,
 but we cannot see him or enter into personal combat with him. The bugle call has sounded and we are answering il. We, the younger generation, would gladly shoulder the musket and face the deadly gases and shells in time of war, should we then, now be ready and willing to unite our selves in time of peace and make whatever sacrifice necessary To bring about the defeat of old Man Depression?
 Congress has srenGously and pains akiMsly wrestled witt these economic problems. The financial condition of the government is in such state that we must take another notch in our belts and gladly assume the burdens and hardships necessary in order to assist our governmen, to over come the now existing deficiency of nearly three billions of dollars, the mightiest in peacetime history. Congress found it necessary to curtail government expenditures of all kinds, and to levy new taxes. Let us accept these and give our undivided cooperation and in- creased devotion in the spirit as President Lincoln said it in his Gettysburgh address
 In the field of human endeavor no finer spirit of self sacrifice has been evident than that of workers willingly sharing their work and opportunities with his less fortunate brother, Quoting from President Hoover in a recent address he said, "What our people wish is the opportunity to earn our daily bread, and surely in a country with it's warehouses burst ing with surplus of food and clothing, with it's mines capable of indefinite production of fuel. with sufficient housing for com fort and health, we possess the intelligence to find solution"
 What is a depression and what cause one? A depression is a temporary trade or business rec ess. Theoretical economists some times tells us that there is no such thing as a general over production of goods, since the wants of humanity are infinite. This might be true as general proposition but it cannot. be ap- piled to specific instances. From