In [[1929]] the profits that were enormous suffered a steep fall, many producers failed and others had to sell off their pens at low prices. [[Parker]], that taken years to establish its brand, decided not to devalue his pens, and kept prices high for the [[Duofold]], but in order to compete in [[1932]] introduced a range of economic models, school-type, for which they did no advertising. These models did not have a name and are usually indicated by collectors as [[Thrift Time]], or ''[[Parker depression pen|depression pen]]''. | In [[1929]] the profits that were enormous suffered a steep fall, many producers failed and others had to sell off their pens at low prices. [[Parker]], that taken years to establish its brand, decided not to devalue his pens, and kept prices high for the [[Duofold]], but in order to compete in [[1932]] introduced a range of economic models, school-type, for which they did no advertising. These models did not have a name and are usually indicated by collectors as [[Thrift Time]], or ''[[Parker depression pen|depression pen]]''. |