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Story
April 17, 1957
The Home Journal
Charlotte Amalie, Saint Thomas County, Virgin Islands
What is this article about?
Governor Gordon and legislators met with rum manufacturers Ralph Paiewonsky and Gordon Skeoch to discuss a $150,000 subsidy for the Virgin Islands rum industry facing collapse due to rising molasses prices. A committee was formed to study and propose solutions.
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Subsidy For V. I.
Rum Supported
Governor Gordon and members of the Legislature met yesterday with Ralph Paiewonsky and Gordon Skeoch, local rum manufacturers, to discuss their proposal for an immediate subsidy for the rum industry to prevent its collapse due to the heavy increase in the price of molasses. A $150,000 contribution for the next fiscal year was proposed.
The conferees generally agreed that action should be taken to assist the rum manufacturers, whose products give the islands most of their revenues in the form of internal revenue taxes returned to the island's treasury by the Federal Government.
After a two-hour long conference, it was agreed that a committee composed of three members of the legislature, three administration officials and the two distillers should be named to study the problem and to submit definite proposals. Senators Merwin, Hodge and Ottley were appointed to that committee. The administration representatives will be named later.
Rum Supported
Governor Gordon and members of the Legislature met yesterday with Ralph Paiewonsky and Gordon Skeoch, local rum manufacturers, to discuss their proposal for an immediate subsidy for the rum industry to prevent its collapse due to the heavy increase in the price of molasses. A $150,000 contribution for the next fiscal year was proposed.
The conferees generally agreed that action should be taken to assist the rum manufacturers, whose products give the islands most of their revenues in the form of internal revenue taxes returned to the island's treasury by the Federal Government.
After a two-hour long conference, it was agreed that a committee composed of three members of the legislature, three administration officials and the two distillers should be named to study the problem and to submit definite proposals. Senators Merwin, Hodge and Ottley were appointed to that committee. The administration representatives will be named later.
What sub-type of article is it?
Historical Event
What themes does it cover?
Survival
What keywords are associated?
Rum Subsidy
Virgin Islands
Molasses Price Increase
Legislative Committee
Economic Support
What entities or persons were involved?
Governor Gordon
Ralph Paiewonsky
Gordon Skeoch
Senators Merwin
Hodge
Ottley
Where did it happen?
Virgin Islands
Story Details
Key Persons
Governor Gordon
Ralph Paiewonsky
Gordon Skeoch
Senators Merwin
Hodge
Ottley
Location
Virgin Islands
Event Date
Yesterday
Story Details
Meeting to discuss subsidy for rum industry to prevent collapse; $150,000 proposed; committee formed with legislators, officials, and distillers to study and propose solutions.