Word: consumptionism
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Except for psychological factors, there was little change in business conditions during the past week. The continuance of easy money, of hand-to-mouth buying by dealers, of large consumption of relatively stable stock and commodity prices, made for a condition of prosperity without sensation. Except in a few industries...
The consumption of cigarets in this country possesses a double financial significance: 1) to the industry itself; 2) to the Government, since internal taxes upon them constitute an important source of revenue.
Ten years ago, U.S. cigaret production amounted to about 17 billion annually. For the coming year, production was, last week, estimated to reach 73 billion by Commissioner of Internal Revenue Blair, who stated that, this year, the tobacco industry would yield more revenue to the Government than all sources of...
For the last two years, a peculiar annual cycle in business has been seen. Dealers have refused to stock up and have thrown the task of "holding the bag" back on the manufacturer. Now the manufacturing industry, broadly speaking, is overbuilt with productive facilities, as a result of War and...
"I think the majority of drinkers are extremely light drinkers, with an occasional peak in consumption."