The Rise And Decline Of The Olympia Oyster 



11 



Mcitsoncsl Recovery Adminisf rcs^bn as Applied 

 To fhe OSympia Oyster Bndystry 



ANOTHER MOMENTOUS PROBLEM WAS CON- 

 fronting the Olympia Oyster Industry. In fact, it was 

 confronting the entire country. Many men and women 

 who had been our potential customers were now in the 

 bread line. The savings of many thousands of our more 

 prosperous people were tied up in the banks and build- 

 ing and loan associations, whose doors were closed. 

 Stocks and bonds had greatly depreciated in value. It 

 was a time when the necessities of life were the rule, and 

 luxuries or higher priced foods were out for the masses 

 of our people. 



On the other hand, Olympia Oyster growers and 

 packers had been for years carrying on a program of de- 



(65) 



