FACING THE CITY FINANCE "SQUEEZE"

Abstract

Comparative statistics of whiskey production, storage, and withdrawals in Kentucky and in the other whiskey producing states, presented in Table 7, are reasonably conclusive that distilling and blending activities in Kentucky, the production tax paid by Kentucky distillers notwithstanding, were, prior to the war, more than keeping pace with corresponding activities in other states. This fact is clearly evident whether measuured by (a) annual whiskey production, (b) amount of materials used annually in rectified spirits production, (c) whiskey in storage at the close of fiscal years, (d) annual whiskey withdrawals, or (e) annual withdrawals of bottled-in-bond whiskey. The same conclusion is equally apparent from the comparative statistics of manufacturing, storage and withdrawal activities in Kentucky and in either the other principal bourbon or the rye whiskey producing states.