OF ECONOMIC POWER.

=

HEARINGS

BEFORE THE

us.
TEMPORARY NATIONAL ECONOMIC COMMITTEE

CONGRESS OF THE UNITED STATES
SEVENTY-SIXTH CONGRESS

-
FIRST SESSION

PURSUANT TO

Public Resolution No. 113

(Seventy-fifth Congress)
AUTHORIZING AND DIRECTING A SELECT COMMITTEE TO
MAKE A FULL AND COMPLETE STUDY AND INVESTIGA-
TION WITH RESPECT TO THE CONCENTRATION OF
ECONOMIC POWER IN, AND FINANCIAL CONTROL
OVER, PRODUCTION AND DISTRIBUTION OF

GOODS AND SERVICES

PART 6

LIQUOR INDUSTRY

--

MARCH 14, 15, 16, AND 17, 1939

Printed for the use of the Temporary National Economic Committee

TEMPORARY NATIONAL ECONOMIC COMMITTEE

(Created pursuant to Public Res. 113, 75th Cong.)

JOSEPH C. O'MAHONEY, Senator from Wyoming, Chairman
II ALTON W. SUMNERS, Representative from Texas, Vice Chairman

WILLIAM E. BORAH, Senator from Idaho

WILLIAM H. KING, Senator from Utah
B. CARROLL REECE, Representative from Tennessee

CLYDE WILLIAMS, Representative from Missouri

TIIRMAN W. ARNOLD, Assistant Attorney General *WENDELL BERGE, Special Assistant to the Attorney General

Representing the Department of Justice

WILLIAM O. DOUGLAS, Chairman

*JERONE N. FRANK, Commissioner Representing the Securities and Exchange Commission

GARLAND S. FERGUSON, Chairman

*EWIN L. DAVIS, Commissioner Representing the Federal Trade Commission

ISADOR LUBIN, Commissioner of Labor Statistics
*A. FORD HINRICHS, Chief Economist, Bureau of Labor Statistics

Representing the Department of Labor
JOSEPH J. O'CONNELL, JR., Special Assistant to the General Counsel

*CHRISTIAN JOY PEOPLES, Director of Procurement

Representing the Department of the Treasury
RICHARD C. PATTERSON, JR., Assistant Secretary

Representing the Department of Commerce

LEON HENDERSON, Executive Secretary *Alternates.

II

CONTENTS

09:32

Testimony of

Page
Balfe, T. W., vice president and general sales manager, National
Distillers Products Corporation, New York City -----

2592-2596
Bowman, A. Smith, Sr., president, A. Smith Bowman Distillery,
Sunset Hills, Fairfax County, Virginia--

2542-2546
Bullington, Col. R. McC., member, Virginia Alcohol Beverage Con-
trol Board, Richmond, Virginia--

2572-2582
Doran, Dr. James M., Technical Advisor to Distilled Spirits Insti-
tute, Washington, D. C-----

2628-2651
Friel, James E., vice president, Joseph E. Seagram & Sons, Inc.,
New York City--

2503-2526, 2518
Jacobi, Lester E., president, Schenley Distillers Corporation, New
York City----

2.7-6-2.135
Keidel, Louis A., New York City-

25+7-2548
Kelly, Archibald, president, Distillers Co., Ltd., of Delaware, New
York City----

2596-2601
Marks, Lionel, president, William Jameson & Co., Inc., New York
City-----

2584-2586
Newman, Joseph J., president, Browne-Vintners Co., Inc., New York
City-----

2601-2612
Porter, Seton, president, National Distillers Products Corporation,
New York City---

2+50-2434, 2796–2501
Sturges, Dr. Wesley A., executive director, Distilled Spirits Iusti-
tute, Inc., Washington, D. C-------

2651-2673
Tunney, Gene, chairman of the Board, American Distilling Co.,
New York City---7-

2563-2572
Wachtel, W. W., president, Calvert Distillers Corporation, New
York City-

2548–2568
Walton, Howard R., vice president and general manager, Hiram
Walker & Sons, Inc., Detroit, Michigan

2:335-2341
Wile, Oscar J., vice president, Schenley Import Corporation, New
York City------

2587-2590
Williams, William J., secretary and general counsel, Canada Dry
Ginger Ale, Inc., New York City--

2013–2627

Statement of

Buck. Phillip E., general counsel, Federal Alcohol Administration,

Washington, D. C------

2420-2450

Presentation of conditions in the liquor industry

2419

Definition and description of types of whisky-

2420

Legal background of the industry--

2423

State systems of liquor control-----

2425

The Federal Alcohol Administration Act--

2+26

Production of whisky in the United States for years 1933–1938.

2+28

Stocks of whisky in bonded warehouses for years 1933-1938_.

2428

Whisky withdrawn tax-paid from bonded warehouses--

2429

Liquor production exceeding consumption..

2432

Production by four largest units compared with total production.

2436

Amount of whisky held in bonded warehouses by four large companies

in comparison with whole industry's stocks---

2437

Total stocks of 4-year-old-and-over whiskies held by entire industry as

compared with holdings of four major companies---

2439

United States Bottled in Bond Act--

2441

Total whisky imported in the United States.

24-16

History and organization of National Distillers Products Corporation -- 2451

III

SUPT. OF DOCUMENTS

MAR 23 40

913028