Jump to:

Philip Morris

Tobacco Economy Should Set New Records in 620000

Date: 19611229/P
Length: 1 page
1003537548
Jump To Images
snapshot_pm 1003537548

Fields

Type
NEWS, NEWSPAPER ARTICLE
Area
JOHN-WARE,JUDY/SHB FILE ROOM
Site
R22
Named Person
Allen, G.V.
Rolfe, J.
Named Organization
Jamestown Foundation
TI, Tobacco Inst
Request
Stmn/R1-037
Document File
1003537539/1003537961/620000 TI and TIRC Editorial Comments Informational Memorandum Releases
Litigation
Stmn/Produced
Author (Organization)
Herald
Master ID
1003537539/7961
Related Documents:
Characteristic
EXTR, EXTRA
Date Loaded
24 May 1999
UCSF Legacy ID
aeb91a00

Document Images

Text Control

Highlight Text:

OCR Text Alignment:

Image Control

Image Rotation:

Image Size:

Page 1: aeb91a00 Log in for more options!
~ - 'et..l~ew'~ Recor~~.~~ . '_Ih :1962 _. and it' The nation'§ tobacco economy~~• quality leaf brought bettentack;,has always had its~cating that a wide variety of should set' new, recond§ againin~~~ than ever to the farmers:stout defenders," Allen said. "Thefactors may be involved in lung _ : Exports ofU• S:. cigarettes to•rey~t is onee ofthef greatest bod-eancer . . These research re- sary year~topp,ng~tlie reeot~d§i~~ ~'3 billion, up 10 percent!ies of' literature on any subject~~,y ~ght`not have been under-4 set in 1961~ reporta 6eonge V. Al•' from 1960.• - ituludin fietion and non-fic '- Oiganette sales~ in the Ul S, ' g ~~ d~~e had not been pea, flon, faet and opiaioni and the{ole calling for cautioa in accept- lea, president oi' The Tobaax In- stitute Inc. . Ineaehed 503 billioa eigarettes, 19pms aad cons, ~ng the cigarette ]typothesis with- ~; . , billion more than 1980. Consumera " out' In a year ead tevfew and ottt. ~• furkher questians spent about ~' billion for aga-> Today, there are some w h o 0 ]ook. Allen said: rettea in 1961 up i400 million. believe tobacco contributes t o; Allen , also discussed tobacco "Bliere i appears to be little. About 44 percent of' what con• various human ills, Including lung!t a x e s, saying "the increasing i question that in the ne:t 13: sumers paid for ' cigarettes was cancer andl heart disease. Mostinumber of direct sales taxes;; months we shall see new, recorda;.. for federal, state and local taxest of ' the discussion revolves around especially on cigarettes, is ptac- topping ttiose set in 1961, for in+,On cigarettes al.one, taxes were~the, question of excessive use oting an excessive economic bur- come to tobacco growers, for out $3.11 billion, up from $2.9 billion tobacco. It covers a wide range^den on users of tobacco prod- of ' puY of most' manufactured proda' in 1960. opinion, including, those w h o:octs:" ucts, and'~ for contributions to oth- Use of cigars, cigarillos a n d say that any tobacco i§ harmfull The 350th anniversary of t h e er segments of the national econ- s m o k i'n g tobacco also showed; to anyone. Others contend that'tobaeco industry in ithe U S: will' omy; including excise andi other gains: the sensible use of' tobacco byb highlighted by a special cefe- , . tax payments to all levels of'gov~ Allen recalled that 190 will be~normal; healtty human beings isbration in Jamestown in May. ,. eimment' ~, - : the 35otb anniversary of the to~innt a cause of disease: aad may 1962 It is beiag spensored by tlte . Allen cited these 1961' records:'bacco indt~stty in the U. S In'afford rehef from stress a n d Jamestown Foundation of Yur: sb a~ " Two billion pounds of tobacco:161Z Virginia colonist John Rolfe:_ ~ were grown by tobacco farmers, harvestedi his first crop of tobae' Allen referred to 'many re- who received I about $1.3 billion 1 for co in Jamestown, which was tlten, aorts"_ during the past year "in- their crops during the year. High- on the brink of economic col- lapse. "R'hen shipped to England, , it assured an Englislt - speaking WORLD TELEGRAM & SUN futune for America, for the suc- cess of'Jamestown was assured," be said. "Since those days, tobacco has . continued to be a target for at, WORLD TELEGRAM & SUN New York, New York December 28, 1961 New York, Neu York December 19, 19(1 ; facturers will enjoy a record breaking income y,earJp .1962. There appears to be little question,"' the institute Aftl in a ; statement, " that in the next' 12 months we shall' see new J rd ti tht i f io , ecors,oppngose sen 1961,torncome t tobacco grow- ~ cigaret levies ers;, for output of manufacturers products, andi for contributions .~~ - l , evy, So almost every other puff off yonrr butt is for taxes to othen segments of the national econom including excise y,, and other tax payments to all levels of governmeat" f'++~ y '' ., • .•. c•-.rr ~ft 5~1~ Expects Peak Year 1~I~hc~t s All ~ :~ the Srno, or Toba , . .eoo fiel~ { $7 Billion in Ci re Dntr d Preaslnlr-rssti6aai., • .- • 4t . ~ a ~f 1M1SA SH~If~GT1ON.ASHIf~GT1ON. Del': `~* =rrr~I t~i,c• totxicmo industry shmuid` Tdhii t ~,~rens Across te nat ) ...on, c gare users sent up :haav a~ar~ther~.rerord }c•ar in ] st;3: r~u, ~, Y: Alien, pre.+ ,a$7 billion smoke ring, t.he bigg~est ever. They con- deni, l'nbarc,n]n:"tittatp.,4avd to stttrted 501 billion cigarets, about 17 billion more than dati T = F : la5t year, andi there's no indicartion that the total will' ' ~ n Ametacan farmPts ~new two ... ~ Y~ F ~ nrt be larger at the end of ,6?, especially since thz 6illion pounri4 qt tobacco in swaT , , .,., . c1 pp of "3ime babies is now maturing. 19611 and received $1-3 billion ioe it! Better quality leaf ;; Seven billion dollars is more than the « , '`broughi higher prices than . `. : federal budget used to be in the early ever before to the farmers he 30s. An amvful lot of money. In fact, the , said. ti _ sum is $41b million more than was spent ~~ :11r: Allen estimated 19611 do for cigarets last year. But while the RI mestlr ciga2et sales at 503 bi1- shanes of tobacco companies were buoy- lion-some 15 billion higher ant and reflected the mounting sales, they ld' tlnan,rr}ost oLher estiaiates wouhave beenirnore so had the pntire ' , $ 7billion beenthekrs to keep ~Y As George V CHICAWrS AMERICAN. Allen, president of Toa bacco Institute, points out, "About 43 perr !~ Ch1 C$g0, Illinois Charles S erRrt • cent of what consumers paid for cigarets was for federal, state and' local taxes- IDeCember 2~~ 1961 Total tax collections on cigarets alone are estimated at $3.1 Tobacco Makers Fore4ast Peak Year billion, compared to $2.9 billion in lsso^ 3 In the magazine Tobacco, he says the tax man is still ~: The Tobacco Institute, Inc., trade organizatton for the "" around in great numbens and' "from Colonial days, the ques 4 tobac6 industry, predicts that tobacco growers and manu- tion of'heavy taxes have generated much heat and bitrterness. ~ fi ~ Today the increasing number of direct' sales taxes, especially' on cigarets, is placing an excessive economic burden on users + of tobacco products."' The federal tax is now 8 cents a pack. 47 of' the 5(Y states have specia]' - and last year L4 increased this

Text Control

Highlight Text:

OCR Text Alignment:

Image Control

Image Rotation:

Image Size: