LIQUOR: The Drought Breaks

The great American whiskey drought was broken last week. WPB, which has long clouded up with plans to let U.S. distillers resume whiskeymaking, finally promised a drizzle. During the month of August, distillers will be permitted to make whiskey or neutral spirits for blending—for the first time since the October 1942 ban.

The news promptly brought out supplies of whiskey which had been hoarded in stores across the nation. And many a retailer whose shelves are loaded with such substitutes as tequila, vodka, rum and Cuban gins hastily cut prices to clear the...

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