Word: bacco
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Both companies could use a shot of some sort. The fifth-ranked U.S. to bacco company, Lorillard last year earned $29 million on sales of $510 million, but its profits have barely budged since the late 1950s, when its filter, Kent, stole the low-tar-and-nico-tine march on the industry. Chairman Manuel Yellen, 54, last year offered a new filter brand, True, both plain and mentholated; though True is highly successful so far, sales have just begun to make up for its heavy introductory costs in a market now choked with competition...
...exception of a successful amendment by Louisiana's Democratic Senator Allen J. Ellender, chairman of the Agriculture Committee, to limit the program to two years, all attempts at weakening the bill were defeated. Delaware Republican John J. Williams introduced an amend ment that could end subsidies on to bacco, which for 30 years has received supports as one of the U.S.'s six "basic" agricultural commodities. Nonsmoker Williams wondered "whether the tax payers should subsidize the production of this commodity, which the Surgeon General and other responsible physicians have said is harmful to the American people." Tobacco-state...
...expect any tariff reductions. But they do hope that the new trade act will enable Washington to forestall steeper Common Market barriers against U.S. tobacco. Cries Tobacco Institute President George V. Allen: "If we get frozen out of the Common Market, the adverse effect on the American to bacco industry will be tremendous...
...although Presi dent Charles de Gaulle (once a two-pack-a-day man) long ago swore off smoking on doctors' advice, the toxicologist's speech, unlike the rest of the festivities, was not broadcast over France's govern ment-owned radio-TV network. For to bacco has been a government monopoly in France since 1811, when Napoleon noticed an ostentatiously bejeweled woman at a Tuileries ball and then discovered that her husband was a tobacco merchant. That very night. Napoleon is supposed to have signed the decree nationalizing the weed, and a golden harvest has poured into...