LIQUOR: Tempest in a Bottle

A formless mash of newspaper words finally distilled itself last week into headlines like this:

PUBLIC GOUGED ON LIQUOR PRICE;

QUALITY VILE, ANALYSIS SHOWS

A nasty indictment—but who was the villain? There was much loose talk of a wicked Whiskey Trust, but none of the indignant publicists would give its name or address.

Prices. As everyone knows, prices go up when demand far outruns supply. And as everyone knows, there was never any possibility that U. S. demand could be immediately supplied except by unrestricted importation from abroad. But already National Distillers Products Corp....