A London financial writer in. commenting on British proposals for increased direct taxation insofar as beer and tobacco would bo affected, pointed to "the pronounced weakness of the shares of the leading breweries- and the great cigarette manufacturing combines. The writer remarked, "There is really no serious reason'why cither brewery or tobacco shareholders .'-should be excessively perturbed. Both industries are in an extremely strolig financial position, and any additional, taxation- would be passed on to the public, who have come to regard both beer and* tobacco as necessaries rather than luxu: licK."
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Evening Post, Volume CXI, Issue 95, 23 April 1931, Page 13
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92Untitled Evening Post, Volume CXI, Issue 95, 23 April 1931, Page 13
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