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b Prince Albert is sold in toppy red bags, tidy red tins, handsome pound and half pound tin humidors and in the pound crystal glass humidor with sponge moistener top. P A A C1 I] Copyright 1921 by R. J. Reynolds Tobacco Co. Winston-Salew, N. C. PRESENT TAX RATES AND TARIfF DUTIES ON TOBACCO The Inter-nal ReveinutIe Taxes iipos ed on Tobacco by the War Revenue Act are extraordinarily high, even for a commodity that has always been subjected to iore or less onerous tax ation. Coupled with the customs duties oil imported raw t,)bacco used inl the manufacture of Cigars and Cigarettes they constitute 4uch a substantial part of the selling price of our products as is hardly ever reatlized by the consum ing public. Applying these taxes and duties to the three distinct. types of tobacco Products, we find th.t on 1. Cigals-They u'til fronm approx imately 4-10th of a cent on each of the pure domestic eigars selling at 5 cents or les.t to over 9 cenits onl each perfec to retailing at fronm 30 to 35 cents; while on 2. Cigatettes--Tthey run frmt 6 cents oil (ach I etk:g( of 20 for 20 vent ciguiettes imanfit tactured of Do inestic Le:'f, to 4.28 cnts oin each pacwkage of 10 cigarettes manitufac tu red (of pore Tlurik ish 'Tobacco, thte great bulk of whicht are sohol at 15 cents per package. 3. Tobt:ieco-Whicht is practically all maunoufactu red ot [Domest ic Leaf, is taxed to the extentt otf 18 cents per poundo, the manu tOfactu rer's sellIinag prin'' of wich average ablout $1. high rates, cotsumitption kept up to at satisfactori y dlegree' du0ring the pr'os plerous Watr-Days; while the yiel to t e Gover inmitent front Initeritad Revent uie Ta xes alotne rose froit $80),000, 000 in I're-War' 1ays to $295,800i,000 dur ing the liscal year 1919-20, to whicht a lppr ontel y $25,000,000 was ;olded bly tht: t'u.-: omts Doties prev iously re Tlhe tr~:ospu ious War-D ays have htoweve'r p):tssed. A period otf deflatI iont lIms set. in ; (ciiontlity prices ale be intg loweretl; wages ar icom(intg dotwit the plopla~~r diemaund for lower living (osts is intcreasintg; morei( Cupmll disti but ion of ta \(s in thIe face itf decrteas ed eairngs on thte part of the pteople' is dlemtandedt. Ilow greatly this ch!ange htas a fle(eted t he Tobacco Iniduostrly is (l ely u'videnceed by the fact 'that smee~t the mouthl (of .July, Inst there has1 been'i a ste:tdy decline ini the consumnp tioin of ci.sare ttes and tobacco, with th'e exceptioni of l'cbruiary (the Mlatch .iglirts are nott yet. -va'ilb!e ) at vary img rates. T[he lo..s of cignir Ite busi ntess lhvin rechedC ats htigh as 3t0 per cint t.in De mC 1ber ,:, nd( tobli cco as Itigh Whtilte ci~aris, ht:ving started their de eli ne ina Deembe rr, with atI loss (If ov~er 23 por cent I, ha:ve shown substanttil C ud ing the month (If F'ebrua ry~. llThe atggreg:ate loss bet weell the mnthtls of DeceimbIer nd1 lFebruary 1, bthI inctolu aggregaite loss5 tf itlerital reI.venuet reO Ceiptr.~ frnom t Ibacco p trIduets fort the I192 I, as~ coml aredC( withI thte s- ote per liod for the( pr'ev ious yearl aounltts to $32,52(0,00~0.00 lit view (If thItis decline in constump-. """I il,,, tnpu~ar clamtor for low conlstie thte inlcreases intg prices (of tobacco Pprie-wa da I (ys. thte e'xcep'tion of to.. h tere is scarcely a ('lidl not inlcreasel in p to 300) per cenit. Let u ~ ~ with, whlat happened the p - - Bu anc .et the joy that We print it right here that i feel" and the friendship of a O GET ONE! And-get sot ing a howdy-do on the. big sm For, Prince Albert's quality - -agrance-is in a class of its ov ich tobacco! Why-figure ou > your tongue and temper w 'rince Albert can't bite, can't 1 atented process fixes that! Prince Albert is a revelation i [y, but how that delightful I .nd, how it does answer that .lbert rolls easy, and stays put it. And, say-oh, go on and ge o it right ac s ! RINIEA the nationaijoy 16799 DIED in New York City alone from kid ripy trouble last year. Don't allow yourself to become a victim bD neglecting pains and aches. Guard against this trouble by taking GOLDMEDAL The world's standaid reinedy for kidney, iiver, bladder and uric acid troubles. Holland's national remedy since 1696. All druggists, three sizes. Guaranteed. Look for the name Cold Medal on every box A eccept no imitation tihe war, puilisled by tihe War In (ustries Board: "'Prices o fin ished tobacco produ tcts dIidi not begini to rist iln earnest unt if the last of 1917, three years after the otbtlr -ak( of the war, andi two yeaIrs after' the begi nning of thle gtpieralI rise 'lTus it was not uint i afIter thle paiis salge of the first War Revenue Act that the t obacco induilstr mali de its fir1st mioderate C ZIIvan (ce in thet price of its prul'icts, andl here aga inlW we must quol~te from a) recent' r eport oI(f the Fedl eral Trade C'ommiissiuon "Thie ise in the pices o fmauach turied produot s th roughi the yeari 19tIX, hoIwever, was noi t nea rly so1 great as has lbeen found in thle prices ofI leafI IIowever', oIlls iderIjing even t he ma xi pirodu ts reachied <hirin g or since the war, it will he seen that the 'Tobacco Indutry duV (ling all thost chays of priosperity andl pfitileerinog has been mo~sf conseriva t ive iln lixiig the prlices (If its prloIhirts5, mlail has ini tact tell ailedl its inrmal rates of prlolts to no Tlakinig the thrb il istinict classes of ((ohne(o produchlts5, id wvill be foundl that 1. (igars -The pre(-war . cents eIgars has gonie to 8 ceents, an Iincr( ease ofI 611 percen t. ; the It) cetols ceigari adl van'ced to 15 ett, anl increase oIf 501 pllrttett; the I5 cen ts5 ciyar, nlow sell cent; thle high gradle 20 centls e igalr wh ich has gone toI 25 cnit s has in - creased 21) per (cent ;whil' the old time 25 enits "plerfecto"' has gone to :5 cents, anl incr'ease of 4(0 per cenit all oIf these withI wVar taxes inctludedl. 2. Cigarettes-- xclusive of the WVarl Taix, wh ich a mouts to 3 eentsx onl each package oIf 10I and 6 tents onl teh paclka;ge ofl 20, the 10) for 5 celnt s eigarettes no0w selling for 10) centsi, 'iere-Ised 87 pr1 cenit; the 201 for 15I (enits cigarittes whichi hav~e advancliedl G. C. COOPER, Licensed Optometerist EYES Carefully Examined, Glasses Fitted, Broken Lenses Duplicated. Satisfaction Guaranteed. SUMTER, . C.R y a pipe I some P.A. :'s due you! f you don't know thi joy'us jimmy pipe-' ne Prince Albert and oke-gongf - flavor coolness in! You never tasted t what it alone means hen we tell you that arch! Our exclusive a a makin's cigarette! lavor makes a dent! hankering! Prince because it is crimped the papers or a pipe! LBERT smoke to 25 cents, increaused 52 per cent; the 1) for 10 cents cigairettes, which have goet. to 1.5 cents, show n11 inct'reare of 37 per cent ; the 10 for 15 cents eig arettes, which have heen raised to 20 cents, increased 23 percent; While the 1) for 25 cents Cigarettes. which have riven to 30 cents, increased 13 per cent. :. factur ed tobacco into :1 .eniral classes to wit (I) tie 1 1-2 illunc(' package, the pie-war price of which vas 5 cents, :iI wh ich is now selling at 1 5-8 ounces for 10 Cents, the increase, aftcr deducting the war reventue t: xes, a.ouItnts to 77.A per cnt ; (2) the I ouitce package, which sold at 5 ceits an1d is ntov selling in 1 1-8 otiuice pack ages for 1l (eits, shows an i increase oil the same basis of 72.5 per cent; (3) while the 2 ounce packages, which formerly retailed at 10 (.etits and are now sold in iackages of 1 3-4 ounces for 16 cents, have gone up i the saie basis 85.6 per cent. Taking as a hasis the figures recent ly collected and reported by the Fed eral 'Trade CoIIIIission, giving the average nmnu1ti1tfacturer's prices of cig art iites andii manuttfac'tu0red tobacco, for the Iirist six muo'iths of 1920, we have comitled a table, ading also the figutres fori e'igaris, which shows the peen'(tageJ~ of ta1xes5 pa id oin tobacco produltcts, as compar)iiedl with the mianu lactur'er's se]lling prices, and1( which table will be founid in our Brtief. It will he startling to note that for the most poula r type iof oiga rettes wh ll 1ic are retiled at t wenty' for' 2(tc. the nuniutfacturer t r'ecuives hut $1.23 per Ithoutsand, w;ithout the tax which is $3t.00 or 70t.9 peri centt of what the manuttfatcturter chartges tot' I goods, antd that~t for t he motst poplarlit ty'pe ofl tobatccotii het~ manufacturiert r'eceives $s.st4I6 peri poundti, be'sides the tatx which is l8c. or 313.2 per centt of his si'lling price. As to eigarts, ott which the taxes arte graduatedco, takinig the imihllemant's smak~tte whicht is sold to the consumner' at se., the moanutfacturert's selliing prtice the internat~l revenuet( tax phus the dutlies oni the wrappters thercont amttounts to $111.63 or 2.1 per ciintto the manuttofacoturer's prtice tor the cig atrs wit hout the tax while ont the per feeto e'igart the dutie s andt~ taxes total 'ir's prtic - xNelusive iof taxes andil ities'. Assuingtt fior the purposet~t of this argumenl, , hut nott contcedinig, that. lto oni Iour tax scdleos, w4itht the' e'xcep stilet's, brtass knucktles, t'., heariting Ste Estat o1c(f IX. I. G ambtle, ide'eatsedl will prtesenit themt duly attested andii Itse owiing satid Est ate will ma~ke pa~ymtent to b the undi~er'signedo ijpm~l ilied Administratr ix oIf the saiid Estate. Geritrtude Gambtile, TiU ESI''.SS NOTiI(CE Cart~l ina~, not ice is hereby'h givon th-vit thle landt s of the IHrook lynt iCoopera2ge Com1paniy Ileased friiom t he Sanitee Utiver'(: Cpress Iu mbher' Cotmpa ny itn Clarendoin Countty ar1e !posted, and11 all perisotns en tering w ithtout atuthtority * upon11 the same tl'will be dutly prosecuted. Briook lyn Coopetage Company. 4.4-cGeorgetown, 8. C. tht enormous tax rates imposed on tobacco. The highest tax rate imposed on lux i-'i. with the noted exceptions, is that pa.yable upon the sale of soda water, sold from th fountain, which is 1c. for every 10c. or fraction there of. Figuring even on the 5c. glass of soda the tax would amount only to 20 per cent, as compared with over 70 p'r cent on the most popular type of cigarettes, 33 per cent on the cheap grades of tobacco, 24 per cent oil the middleman's cigar, and as high as 75 per cent on tite high priced cigar. Cost of Production and Prices of Fin ished Products Compared Now, while the maximum increase on cigars, including the increased tax es, was 60 per cent, on cigarettes and on other tobacco products 87 per cent and 85 por cent respectively, exclusive of taxes, what wei' the increases which tlhe m1i.nufacturers 'acd to pay for leaf tobieco ? From ai examinaition of the oi cial statistics of the Department of Agriculture, it will be seen that the Va'ious types of cigar tobacco increas ed from (4.8 per cent on Ohio tobacco, which advanced from 9.1 cents a lb. in 1914 to 15 cents in 1919, to 19I per cent on Wisconsin tobacco, which rose from an avera-ge of 7 1-2 cents per lb. in 1914 to an average of 22.2 cents in 1919. At the same time, Burley and other types of leaf tobacco used for cigarettes or Ianufactured tobac c') m.vaced from a rainimum of 189.2 per cent oil "one-sucker" Kentucky. wh'ich vWas niarketed at 5.1; cents per lb. in 1914 and advancal to an aver age of 1(.2 cents in 1919, to 588 per cent on the Burl-y District tobaccos, which sold at, the average price of 8.1 cents per 11). in 1911, anl reached an average of 55.8 cents in 1919. One has but to vompanre the maxi mum101 advances on the manufacture'd product with the imu111tiplied cost of leaf tobacco, as shown'tI in the forego ing, to realize that at no time dlurinig or siet. the War have the price-a vances of tobacco products to the con m501er been ne'arly suflicienit to cover' the increased cost. of production. Thi is fact is especially emlphasized when we consider that coulOed with the inl creased cost. of lIaf tobacco were the pyramtiditig costs of labor and all oth er. material eitering into) the nished product. Clearly, where thet-e has heen no inflation, there ennI be o i)deflation. A, tle 'Tobacco ldustry has gained noth thing during the ulpward-price mIove ment, it is int no position to meet the public demand for lowern pricts inl the plresent downward-litce movement while contiuliing to pay War Reveniue Tax Rates on its product s. Why the Present I'irices of Tobacco l'roducts are not Alfected by the Prices ol' New Tobacco (rops But, it seems to I- the belief of the' ti in foriied that betause of the Ic' elinin ,i prices of the crops of somie types oI lear tobacco this year, cor reslponding decreases inl the prices of thlt finished product should be made. Insmasmui as it Iequires t wo years for a1 crop (if tobacco (o becomeit ripe. enlough to go into Lte finlished products the p'ic" of this y'ari's crto[p of tobaco ca hardly be considered As anii ele F ee l One of feel at h genality feeling t Co. is a serve oi You will you are tion, wh * where. IHome B ment affecting the price of tobacco products now on the market made of leaf tobacco purchased at the high peak war prices, of which there is on hand a quantity suflicient to supply the needs for domestic consumption for two years to come. On January 1, 1920, according to Government reports, there was 1,318, 000,000 pounds of leaf tobacco in fac tories and warehouses. Another bil lion pounds was undoubtedly in the hands of smaller holders who are not required by law to submit statistics regarding their Ivldings. With a nor mal domestic consumption of 700,000, 000 pounds per annum, and a normal export of 400,000,000 pounds, the figur "BUILD OF CYPRE/-SS .IN SOL.'. .U|'. CTU RRS OF THE I'S I -' and slick voi nee(dl-ct ti, ii ~ 'in t ar "h; l iith a hir.i -c .1 We Fur ' -h CompIe'-e with etvr h-Y r f' t I -, 'l' t Jol't write 11, (vay iving asi I the II'. -'.\ hllt 1.1 w Wor-k and all Ieplacemt " B y the- grade. tha:t lit thet j4) eactl thIe t li hing . and save you for- candid :nhier. (n thli,. All vn i f % s i '80'' 1 C CYPI I ATHE WOO i n ',''Braud cypores, f'ron hoisn' en)u% t 1p11. _ _v% . THE BLACK RIVER CYPRESS I L L g "t our ambitions is to h4 ome in this bank; to ' and good will; to pron hat the Home Bank a HOME institution, y ir home people at a always find a welcor entitled to our time as ether you bank here ank andT CHA RLT'ON D~uRAN'] T. M. WVELLS, Caschi4 es given show that the tobacco crop of the current year will not be utilized for two years at least. The manufacturer, as already shown having given the consumer the full benefit of his holdings of pre-war priced leaf tobacco, for almost three years, and at times when the prices of all commodities werew rising by leaps and bounds, it is self evident that he is not in a position to take a loss on tihe h igh-priced tobacco he now holds ,and1 that, he cannot now be expected to reduce the prices of his products nule of the tobacco ipur chased at the high-peak war prices (Continued on page seven) 0 YO' BIL) RUT (AVCF" " Ri. IND U- f {L Nota foot of waste lumber Not a minute of lost timie. YOUR READY-CUT . CYPRESS GARAGE o i-. a nonderiu moniey ;iV ndf Erules r. i-v ry head "0A readv to put up. .\v Sjolb of it in "jig tiii " 1r if -"~l Vyou l:sp it your-,elf. VORKING PLANS FREE )(II I 11 rti I It-Ic 4 1 .11 1! aol I ylourt Imuhekr deale nai and ti g-c preunl A-1 I rvivo. - I S IT ou('YPR'1S-; finr A lI uits. (i' utcopnunon)I rsen.) 10ften the oc ru- are I he surt you get lie getinmt IRAND r-. .re D ETERNAL ourt neant uni,- s-er ii OMPANY, Gable, South Carolina . ' l't> i .1 1.7 "-'; aqr aurnd .>111 !fi [ome wve folks W cultivate g !fi iote that W nd Trust eady to 11 times. g ne here; ad atten or else-9 !fi rust Co. E , PresidentI