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at current prices, no one can afford to
pay tax on fortified wines and live.
Of course you know this. I think any
Co. will send out a Receiver, and
wind up business - unless we can
soon show that we can earn a
profit. This you must know would
be a terrible blow to this country.
But as a fact, they are already
concluded that way. And if present
high freights and low prices are to
continue much longer nothing else
can be expected.

Most Respectfully
Robert Barton