Bourbon: The Rise, Fall and Rebirth of an American Whiskey by Fred Minnick
Author:Fred Minnick [Minnick, Fred]
Language: eng
Format: epub
Publisher: MBI
Published: 2016-11-15T00:00:00+00:00
The Dant family’s bourbon history runs deep in Kentucky. Joseph Washington Dant built a small distillery in 1836 in Marion County. He sired seven sons, including J. B., who introduced the world to his Yellowstone Bourbon. J. B.’s talent was cut short during Prohibition, but he joined the Taylor & Williams Distillery, and conglomerate Schenley Distillers Corporation purchased the right to the J. W. Dant Brand as a part of its expansion program after repeal of Prohibition.
In Pennsylvania, the Overholt Distillery, owned by National Distillers, said it was operating at capacity at around 337,800 gallons per day and employing 125 workers. This strength in work went a long way during economic downtimes, but that didn’t stop the government from wanting its taxes.
Almost immediately after Prohibition’s repeal, bourbon distillers were in the crosshairs of tax-hungry and temperance politicians who sought to tax bourbon as much as they could and to limit alcohol’s advertising ability. Of course, the country needed revenue. Herbert Hoover’s Revenue Act of 1932 reduced the share of federal tax revenues from personal and corporate income taxes while increasing excise taxes on merchandise and services, such as movies, gasoline, and radios. Few people knew that post-Prohibition, the bourbon industry was subject to much governmental scrutiny.
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