Why the Masses Are Poor
November 10, 1906
Summary
It is thought that the reason for poverty in New York is the great spending on liquor, which is “more than the entire amount received for tariff.”
Transcription
Why the Masses Are Poor
In a recent notable sermon on “Why the masses are Poor in New York” Rev. Dr. madison C. Peters said: “It is estimated that New York spends $1,000,000 a day for liquor, most of it bad, which amounts to more than held as much as the amount required to run the entire government of the United States. The annual drink bill of New York is more than the entire amount received for tariff. The interest on the city’s drink bill at four percent is nearly equal to the income of all the universities and colleges in the United States.”
In a recent notable sermon on “Why the masses are Poor in New York” Rev. Dr. madison C. Peters said: “It is estimated that New York spends $1,000,000 a day for liquor, most of it bad, which amounts to more than held as much as the amount required to run the entire government of the United States. The annual drink bill of New York is more than the entire amount received for tariff. The interest on the city’s drink bill at four percent is nearly equal to the income of all the universities and colleges in the United States.”
About this article
Source
Location on Page
Lower Left Quadrant
Topic
Contributed By
Emma Roberts
Citation
“Why the Masses Are Poor,” Black Virginia: The Richmond Planet, 1894-1909, accessed February 19, 2026, https://blackvirginia.richmond.edu/items/show/820.