December 21, 2007
On prohibition c. 1907
The temperance movement is alive and well in 1907 (Georgia and Alabama, at least, went dry Jan. 1, 1908). Historical perspective indicates that the war on liquor didn't work out very well and the Dec. 21, 1907 NYT contains a statement to this end by the president of the Distiller's Securities Corporation:
With reference to the prohibition movement, it is unnecessary to go into details, but it can be stated as a fact, based upon long experience and statistics, that all attempts to regulate the traffic by statute and enforcement of restrictive legislation have invariable resulted in an increase in the per-capita consumption in the State affected. The effect of Prohibition laws is only to change the channels and methods of distribution.
Without prohibition, we might not have NASCAR?
Posted by Craig Depken at 01:52 PM in
Economics