LIQUOR: Unnecessary Drought?

A subcommittee of the Senate Judiciary Committee last week charged that U.S. distillers had deliberately planned the U.S. liquor drought in order to boost their profits. The subcommittee, headed by Ne vada's Senator Pat McCarran, and including such men as West Virginia's Harley Kilgore. Utah's Abe Murdock and Michigan's Homer Ferguson, accused the liquor industry of using its self-imposed program of rationing liquor to dealers as a scheme by which many rationed profits for themselves.

The subcommittee said the industry had done this by putting new, inferior whiskey in blends on...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!