Word: tobacco
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Dates: during 1930-1939
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With the possible exception of old Bourbon whiskey, the most important things in the lives of Kentuckians are the Derby in May and the tobacco auctions in December. Last year, because Kentucky's famed burley tobacco began to sell as low as $4.61 per 100 Ib. (about one-half 1930 levels), the growers at one of the auctions muttered curses, shouted threats, then took to pelting the manager of the "floor" (warehouse) with apples, broke up the auction in a general riot. Several other auctions had to be postponed. Last week Kentucky growers were jubilant. In addition...
Kentucky burley is used for pipe tobacco and cigaret blending. Wall Street. eyeing the silent war between the big makers of 15? cigarets and the makers of 10? brands, felt sure that the 15-centers were boosting the price (TIME, Sept. 19); high tobacco prices would cut deeply into the slim profit margins on which the 10-centers work but would hardly be felt by the leading 15? companies. Kentuckians did not care much, for they will jingle in their pockets some $25,000,000 more than they did last year, will go to the Derby anyway...
...late hour yesterday morning, two members of Eliot House, were forced to vacate their suite of rooms by a deluge of water which effectively flooded their study to a depth of six inches. Rugs, furniture, tobacco, shoes, valuable sketches, and other furnishings were extensively soaked. The rooms below were also reported affected...
...callers on the President-elect included Arkansas' Senator Robinson (short session program), Alabama's Senator Bankhead (Muscle Shoals), Nevada's Senator Pittman (silver), Louisiana's Senator Long (nothing in particular), Missouri's Senator-elect Clark (farm mortgages), Texas' Senator Connally (cotton prices). American Tobacco's George Washington Hill came to discuss upping tobacco prices. Rear Admiral Cary Grayson was told that the Roosevelt inaugural, which he will arrange, must be severely simple and inexpensive. The call of Henry Agard Wallace, bolting Republican farm publisher whose late father was Secretary of Agriculture under Harding...
...dogs legally owned and taxed, they are as legitimate a luxury as Mr. Butler's tobacco. Or, if he doesn't smoke, he no doubt has other expensive habits. Scientific tests have proved that dog-owning children have a 50% better chance of growing up into honest, thoughtful citizens. And would Mr. Butler deprive thousands of lonely city people of their only companions? I refer, particularly, to "old maids" and bachelors in strange cities, to say nothing of invalids. Of course there is no need to call attention to the hundreds of useful farm, police and hunting dogs...