Puerto Rico : Hearings Before the United States House Committee On Ways And Means, Fifty-Sixth Congress, First Session, On Jan. 31, 1900
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I do not know the warehousemen generally to any very great extent have brought such a request, perhaps they have been a little too modest.
As far as this effect of the law on tobacco is concerned, I can say this, that in Philadelphia my warehouses carry and have for very many years nine-tenths of the tobacco that has come to Philadelphia and by a recent examination of my records for the last two years I find the fact to be that there has been a reduction of the receipts in my warehouses of from... 50 to 60 per cent.
Mr. Butler. Within what time?
Mr. Godley. Within the last two years from 50 to 60 per cent per annum. That means, of course, a corresponding reduction in the amount of insurance carried here, and it means a corresponding reduc- tion in the amount of money advanced to carry these tobaccos. ; Mr. Russell. What character of tobacco" does that cover, both wrapper and filler?
Mr. GoDLEi'. Yes, sir; but I am applying that now more particu- larly to the wrapper tobacco because of the fact, of course, during the last two years, the conditions in the island of Cuba have been such that the Habana business has been largety eliminated, so now I am only applying that to the wrapper tobacco.
What to read after Puerto Rico : Hearings Before the United States House Committee On Ways And Means, Fifty-Sixth Congress, First Session, On Jan. 31, 1900?
You can find similar books in the "Read Also" column, or choose other free books by United States. Congress. House. Committee On Ways And Means to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
I do not know the warehousemen generally to any very great extent have brought such a request, perhaps they have been a little too modest.
As far as this effect of the law on tobacco is concerned, I can say this, that in Philadelphia my warehouses carry and have for very many years nine-tenths of the tobacco that has come to Philadelphia and by a recent examination of my records for the last two years I find the fact to be that there has been a reduction of the receipts in my warehouses of from... 50 to 60 per cent.
Mr. Butler. Within what time?
Mr. Godley. Within the last two years from 50 to 60 per cent per annum. That means, of course, a corresponding reduction in the amount of insurance carried here, and it means a corresponding reduc- tion in the amount of money advanced to carry these tobaccos. ; Mr. Russell. What character of tobacco" does that cover, both wrapper and filler?
Mr. GoDLEi'. Yes, sir; but I am applying that now more particu- larly to the wrapper tobacco because of the fact, of course, during the last two years, the conditions in the island of Cuba have been such that the Habana business has been largety eliminated, so now I am only applying that to the wrapper tobacco.
What to read after Puerto Rico : Hearings Before the United States House Committee On Ways And Means, Fifty-Sixth Congress, First Session, On Jan. 31, 1900?
You can find similar books in the "Read Also" column, or choose other free books by United States. Congress. House. Committee On Ways And Means to read onlineMoreLess
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