Page 4 Advertisements Column 2

Franklin Times, Volume 9, Issue 687, 25 November 1921, Page 4

£1,000,000,090 IN LUXURIES. Despite thrift campaigns, Americans spent last fiscal year over £1,000,000,000 in luxuries. The Treasury returns indicate that the theatres, including cinema in the United States must have taken about £200,000,000 at the box offices,. One hundred million pounds was paid for temperance divinks, £45,000,000 tor jewellery, £ls 000,000 for perfumes cosmetics, and toilet soaps. Chib life in the big cities cost its enthusiasts over £lO 000,000, of which the Government secures in the cub tax £1,000,000. Just how much Americans spent in 'jtobacco motor cars, and furs requires a lot of calculating, Put in luxury tax alone smokers paid £lO,000,000 to the Government, motor cars and accessories netted tax receipts of £20,000,000, and furs yielded a tax of nearly £3,000 000. It is believed that a great dealt of luxury taxation is evaded, hut the slim actually paid reveals Americans as the biggest spenders in the world —and these are dull times.

There is a little bit of bad in the best of us, and a little bit of good in the worst of us, but we stock nothing but very good Xmas Cards. THE “TIMES.”