Hundreds of people from around the country have joined the Observer's campaign to Save Pinner's Christmas.
The annual Pinner Pantomime Evening, which is attended by about 10,000 people, will be axed if tight-fisted traders refuse to fund the event.
The Scrooges say they are too strapped for cash to donate any money because of the credit crunch.
It also means the village, which is traditionally turned into a winter wonderland, will be left in darkness over the festive period.
Last week the Observer launched a campaign to stop the popular event from being cancelled.
In less than a week more than 150 people have posted messages of support to a group on social network site, Facebook, set up by the paper.
Supporters include Pinner-born poet and Children's Laureate, Michael Rosen, who has thrown his weight behind the campaign.
He said: "The Pinner panto is part of the life of the locality, bringing pleasure and goodwill to hundreds of children in the area.
"There are few enough occasions in the lives of children today, and now it seems as if there is a threat to the panto this year.
"This would be a great shame. With the constant presence of television and computer-based entertainment, children today get very little chance to see and take part in live entertainment.
"I hope that anyone reading this, who has it within their capabilities to help save the panto, will do all they can to keep it going."
Anthony Wood, of Glover Road, Pinner, was so outraged when he heard the panto may be cancelled he pledged to donate money to the cause. He said: "Pinner panto is a traditional part of the community spirit. It needs to be retained. I am prepared to make a small donation and hope others will too."
Pinner Pantomime Evening is one of the biggest annual events in the village and is funded by local businesses and the Pinner Association. This year's event was planned for November 27.
Traditionally the evening sees about 500 children sing carols and dance in the streets. Shops decorate windows and staff wear fancy dress. Families and friends enjoy fairground rides and the many other attractions, including a Santa's grotto.
Sharon Pink, Pinner Pantomime Evening Committee member, said: "It is fantastic to have had so much feedback from local people expressing their dismay that the future of Pantomime Evening is under threat.
"The reality though, is that these expressions of support need to be turned into cold, hard cash very quickly to ensure that the event goes ahead."
To help save Pinner Pantomime and raise money for the village Christmas lights please contact Sharon Pink on 020 8582 2513.
* Join the Observer's campaign to save Christmas. Turn to page 22 for your Save Pinner's Christmas poster and put it in your window. Email email@example.com, write to 5th floor, Congress House, Lyon Road, Harrow, HA1 2EN or visit Save Pinner's Christmas Facebook site.