Word: liquoring
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Dates: during 1950-1959
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Across the U.S., liquor distillers, wholesalers and retailers last week heaved a mighty sigh of relief. After a long, bitter industry fight, the whisky business finally had a new set of excise tax rules. Under the Forand bill, which was last week signed into law by President Eisenhower, distillers no longer must pay the excise tax of $10.50 per gal. on liquor held in Government bond upon withdrawal or automatically after eight years of storage. They now may hold it up to 20 years without paying...
When the Korean war came, many U.S. distillers, recalling World War II shortages, began laying down heavy liquor stocks. But there were no shortages, and stocks piled up. Fearful of having to pay the tax after eight years, stocks were dumped on the market (often under new brand names) at cut-rate prices. Most distillers agreed that some kind of relief was necessary to eliminate price wars, but differed on what...
Last week the Post came to the public conclusion that magazine morality no longer demands a ban on booze. Starting with the Oct. 4 issue, it will accept liquor advertising. Said Curtis President Robert MacNeal: "The change in policy is deemed to be appropriate at this time and compatible with the viewpoint of the vast majority of [the Post's'] present and potential audience." Annual revenue increase for the magazine could be in the millions, a big boost for a magazine whose income from advertising during the first half of this year was down...
...grave sub-teen-ager senses vaguely that the border between heavy social drinking and semi-alcoholism is a thin line over which her parents keep falling. A cook gives the youngster the idea that she would be doing everyone a favor by pouring an occasional bottle of liquor down the drain. This policy reaches a hilarious climax one night when Amy's father barks at a prim, sleep-dazed old lady babysitter: "You must be stinking, Mrs. Henlein . . . You drank a full quart of gin." When his little girl tries to run away from home, the father...
...strange as any medieval unicorn or griffin is the life and personality of Terence Hanbury ("Tim") White. He lives on the pebble-sized English Channel isle of Alderney (pop. 1,600), famed for its low taxes, cheap liquor, puffins and stormy petrels. Stormy Petrel White arrived ten years ago announcing that he was a 17-time bigamist on the lam from Britain, and ever since, his pranks have been the pub chatter of the natives. A sun-cured, white-bearded bachelor of 52, White lives alone except for the hedgehogs, snakes and hawks that he favors as pets. His absentmindedness...