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Council for Tobacco Research

Cite Tobaccos Economic Role. Journal American [Survey Made at the Request of Lor Filed with the House Interstate and Foreign Commerce Comm]

Date: 30 Jun 1964
Length: 1 page
HT0033031
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Abstract

MUL

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Type
NEWS CLIPPING
Depository Date
31 Jan 1996
Named Person
Ceir
Lor
Master ID
300160514-0588

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132
Author
J Amer
Box
096
Site
Hoyt

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Page 1: HT0033031_3031_D1
£-E-I-R Tobacco Study Filed 'The tobacco industry pro.lJobs are erealed in diL'e~t and limes the national averal~e lnlstalement points out tba rides ~.g billion a yea~ in Indirect supplier Industrles, lexetse and sales laxes. ~l)olh producllon and menu personal and business in.lexelustve of employment InI It tigures eonsumerj(aclurln~ are i~i~h]y conrrn. fume, Jobs for !.3 million the indusfl-y itselJ" and inlspendlnl~ on tobacco as more~trated in s halt dozen slate, people and nearly $1 bJibon government Jobs l;eneratedI.than half the amount spent~-- North and South'Ca;nhna. -- -- ~ .,~ .,.,. • ..... hve n~ Jlllnn t,,. t.i. |lOr new automobiles and Kenlucky VirRinla (;,eor~',a m eeueral S.- omw ..^~o, m, -..he .. b ..... v., *ran-- .L__ .L . _ .' . . ' , -_ _. re t~a'~ [he IOtal in a ann "tennessee The study e~o~omic research firm re. ,he sturdy es~lolatcs to.thumbsr of other major!estimates that 30.4 per real po~ed yesterday, bocce indusbv Jobs at 2.1 perlspend~ng ~ategorles Iof all farm cash interne m l~be study, by C-E.I-B, Inc., " • _.L~_t O~. tat.a_! ~,~_-:~ .em.J. The tables show 4t6.000 those ,lares crimes tram t~. of Wssldn~ton, canal.clad p,o.~n.enz, w,m its.. woru~rs]rarmers in 26 states pro~,|dinR baden. under a ~mbsion learn the ann mrme~s spenmnl~ $1.8]work for 883.000 pereon~ ,n "'Tho~ stale.%'" fhe econ. P. X, ori)l~ Co., • big tobac~'o billion on personal ~onsump-,p~during a toba~co c re p'omfst ~eys, "weuld undouht. roared'saluter, was tiled with tJo.n items , . . Jwith a cash value of $1.3 bil. edly feel a major Jmpacz the ~lo~e Co~mel~'~ Com. II~ propuruon to tm salesJllon, or 3K per cent of aJ]lfrom an), si~ni6eanl shirt in mitres which Is holdln~ v~)lnme, the report says. the,farm cash receipts ,the consumpuon or toba~, bearinx~ on bills ed-ned at jndustn, contributes fourl Bu.rns in hLs supplementary'products" re~llstlon o! tho Industr~"sl advardsing and labeling. Lester Tepp.r, chief econmlst for C-E-I-R, said the e.!.munent was to carry out an "ablective. indq)end. e~t exmnlaat/on to set forth the basic economic facts of the Induslry." The f|~u~'es are based on !~!~ daL% the latest ye~ for wid~l', ~omplete format/on Is available. An aeeompanVin~ state. meat by Arthur ,E. Burns. prof'essor of economics at GeorBe Washln~on Unive~ ally and C-E.I.R ennsultsnt, gointa out that the Indoelry, Mth Jla more than $~'.? billion of ~ar~, consumer n s I e "ban an Impact on the economy far beyond its own be~nds." The 8lady ItselF, in tracing out tho~e relationships. direst and indirect require- manta from 1~0 other sectors e/' the economy. For example, I~ reports the Industry generates SS~ mil- lion in sates for the auto In- duMw0 ~ million for troleum products, ~40 million for el~h-ic power, $1T3 roll. lion for chemicals and wrap. pin~ and filter materials, ~ million fo~ paper and paperbanrd, 8130 milUon for rail a~d truck transportation and ~ million for products of Iron and Weal mills and foundries. It estimates that IB~,~001 ~OUI~L~-AI~RXCAN Hey ¥orlc~ Nay York ,Yurts 30~ 19~

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