On account of its relation to many important industries in ,:the United States, especially its relation to chemical manufracturing, its use for light and heat, its use in gas engines, the :subject ,of tax=free alcohol becomes of great importance, and for this reason has been roach discussed and much has been written .about it lately. It is believed that a short review of .the alcohol industry might be of interest to the readers of this .Journal.
After about eigh.teen years of attempted legislation in this ,direction ~here has been passed by the House of Representa-.fives and the Senate.and signed by the President a bill which becomes operative in i9o 7 and which removes the internal revenue tax on grain ~al~ohol.
On aecotmt of its importance, the text of the new law is :herewith given in full, as follows:
TH,E "FRE.E ALCOHOL '~ LAW.
Below is presented the text of the new law providing for taxfree denatured ~alcohol for use in the arts and industries, but not in the manufacture of he,verages or liquid medicines: AN ACT For the withdrawal from bond, tax free, of domestic alcohol when rendered unfit for beverage or liquid medicinal uses by mixture with suitable denaturing materials. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That from and *.Read by ,title.