The Archive · 1934

Huge Liquor Revenues

Washington, July 23.

'America's thirst will' bring the Government one-eighth of its total $4,000,000,000 "anticipated revenue Guring the next Ascal year, it was announced. to-day by the Treasury Department.

Liquor revenues during June totalled $36,251,000 and were exceeded only by two other forms of taxation, the: income tax, which neifed $185,- 160,785, andthe tobacco tax, which brought in $42,570,160.

The revenue from the tax on profis from the purchase of silver amounted to only $606 during June. "United Press.

Text read from the printed page and cleaned; old type leaves the occasional error.

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