The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-08-23
ARRANGING A NEW POOL.
Western Distillers Want the Whisky
Supply Still Further Reduced.
An Appeal to Congress To Be Made-Favor-
able to High-License System-A
Talk with President Miller.

The executive committee OF the western Ex-
port Association was in session at the Bates
House, yesterday, endeavoring to cOnsummate
the arrangements for the new pool determined
upon at the general meeting of the association.
Among the prominent distillers present were:
C. Fairbanks, Terre Haute; P. E. Her, Omaha;
H. B. Miller and W. 81. Miller Springfield, III;
T. t. Gaf, Cincinnati; A5olph woolner
and John H. Francis, PEORIA James Walsh.
Cincinnati; Edwin Stevens, Cncnuati; 8.
Tuescher, st. LOUIS George ]. Gibson. Samuel
Woolner and ]. B. Greenhut, Peoria; W. H Nc
Cormick, BeardstowD, ILL.,, A. Bevis, St. Louis;
Henry Schwabacher, Peoria; Peter Barth, Mil
waukee; c. J. Fellows and W. H. Cooning, Cleve-
land; Noses Bloom, Iowa City; Jonathan Abel
and d. g. Rush. Chicago, and John Begges,
shelbyville. The session was devoted to the
consideration of rules and regulations for the
government of the proposed new pool, aud to
the arbitration and adjustment of differences
between distillers belonging to the association.
SUPPLY EXCEEDS DEMAND.
II has been found By the distillers that the
manufacture of whisky is in excess of the de-
mand, and, to regulate the production according
TO the market, it is essential to the interest of
the manufacturers that the running capacity OF
all distilleries in the Western association should
be reduced. Under the provisions of the pool
stricted to 40 per cent. of the capacity, but
even this throws the market a supply which
is in excess of the demand. The old pool will
expire on the last day of this month, and the
new one is to go into effect on the LIST of Sep
TENDER. 1t provides that the production during
the next year shall be limited to 20 per cent, of
the running capacity Of the distille-
ries-a reduction from last year of more
than one-third. There are seventy-six distiller-
ies in the association, and the proprietors of all
except three have agreed to join in the new pool.
II these three manufacturers can not be in
huenced to unite in the new arrangement before
the end OF the month the proposed pool will be
declared failure by the president of the
citation, Buffalo" Mi!lsr, and will be abandoned
resolution WAS adopted asking Congress to
extend the time for taking out OF bond the
whisky now stored in the Kentucky warehouses
and allow at least two years longer. In the rules
and regulations the system of financial opera
ton of the association is adjusted and provisions
are made for regular reports from each distil-
iery, so that there may be a perfect understand
1t was resolved by the meeting that hereafte err
the distilleries IN the ASSOCIATION would manu-
facture none but unauthorized goods, and 1t
was claimed that q better variety of alcohol
would be made than can be produced in Europe.
The associatian adjourned yesterday, leaving
1t In the power Of the president to declare the
pool in force or null. according TO the ultimate
decision of the three members whose con sent to
its provisions has not yet been obtained.
IN FAVOR OF HIGH LICENSE.
In conversation with four or five of the
leading whisky men at the Bates House, last
evening, Mr. Miller the president of the Western
Export Association, remarked to the journal
reporter: eve are opposed to prohibition, but
we are in favor of regulating the license law"
Eyes," added another leading distiller sitting
in the group, eve arc in favor of high license.
We will work for it and we will vote for it."
"A license that VIII give a revenue large
enough to support the public schools, us it does
In Omaha" commented still another
The license law is the only sensible kind of
leglslation,' spoke up ST. Louis man. "Why,
damn it, il the question of prohibition ever
comes up in Missouri, III vote for it for them"
But am afraid that high license would
eventually result in prohibition" suggs-tsd an
Illinois distiller.
'sThs high license simply draws their teeth,"
MI Miller said. "The public wants high license,
and we must be on the popular side with the
public"
THREATENED DISASTER.
The conversation turned on the subject of the
production OF whisky, and one of the most
prominent members of the association re-
marked TO the reporter There are now 3d.
100000 gallons Of whisky in the warehouses
OF Kentucky, and by an act of Congress re-
quiring it to be bonded within three years it
will be thrown on the market during the next
fiscal year, which ends in June. The
C %si, Ny viii Will, AMOUNT to about $15,
tucky are required to pay to the governmet
IL Is not only unjust and unwise to force them
TO bond this immense quantity of liquor, but it
1s likely to prove disastrous"
lrousi"
'It will in all probability bankrupt nearly
every distilling company in the State and it
will completely demoralize the whisky market.
1t may cause panic, 1t will withdraw from
100000 which will be locked up in the vaults
of the United States Treasury, now already
nverhowfng with money which ought to be put
into circulation.