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tlie
biK
reserve
behind,
wiiich
has
cost
tlie
sjieculator
or
liolder
in
its
turn
so
much,
if
not
in
downrijrht
hard
casii,
in
loss
of
interest
on
his
money.
AH
this
lias
been
greatly
to
the
advan-
tage
of
the
article
distributed.
It
may
safely
be
said,
that
no
such
matured
fine
spirit
as the
Scotch
Whisky
sold
under
the
best
known
brands,
can
be
obtained
for
the
money
in
any
other
description
of
spirituous
liquors.
On
tlie
continent
of
Eui'o]ie,
there
is
virtually
no
old
beverage
spirits
of
native
make
sold.
As
liqueurs,
and
in
the
shape
of a
liqueur
cognac,
old
spirits
are
distributed
in
minute
quantities,
but
in
every
part
of
the
world
one can
find
fine
old
Scotch
Whisky
at
a
moderate
iirice
ready
to
one's
hand,
a
matured
wholesome
s])irit.
No
country
has
as
yet
been
able
to
manufacture
Malt
Whisky
of
the
style
and
quality
which
the
best
Highland
Whiskies
furnish
for
the
shippers
blends.
The
chemistry
of
the
Highland
stream
and
sky
and
of
the
peat
cut
from
the
mountain
side,
seem
in
Scotland
to
have
worked
together
to
produce
an
article
which
has
nowhere
else
been
rivalled.
Bring
the
same
malt,
the
same
peat,
to
the
South,
and
use
the
water
there,
and
you
fail
to
catch
the
subtle
essences
and
vapours,
which
constitute
the
charm
of
a
fine
Blend
of
Scotch,
and
there
has
been
put
together
by
the
clever
blenders
in
Scotland
a
spirit,
which
stands
well
ahead
in
that
race
for
popularity
in
which
all
articles
have
to
comjiete,
which
claim
world-wide
acceptance.
Scotch
\\'hisky
certainly
has
run
and
won
up
to
now,
and
we
do
not
discern,
anywhere,
a
competitor
which
is
even
a
good
second,
if
quantity
only
is
taken
into
account.
We
are
obliged
to
accord
to
the
Scotch
article
the
leading
place,
which
is
bespoken
by
its
volume
of
manufacture,
the
re
spective
distillations
for
1912-1;!
being:
Scotland
24,
and
Ire-
land
under
10
million,
proof
gallons.
But
as
to
initial
price
from
the
distillery
and
value on
the
market,
Dublin
Whisky
still
holds
the
highest
place.
The
leading
distillery
there
gets
.5'
—
jier
gallon
25
o.
p.
for
its
whisky,
which
tops
the
record
of
the
price
got
by
any
Scotch
Malt
Distillery
of
late
years.
Scotland
has
no
great
distilleries
which
export
their
whiskies
in
bottle,
as
do
some
of
the
Dublin
makers.
Such
firms
as
John
Jameson
&
Sons,
and
Sir
John
Power
&
Son,
make,
mature
and
bottle
their
inire
Pot-Still
Whiskies
and
ship
them
under
the
aegis
of
their
own
labels
to
all
parts
of
the
world.
Irish
Whisky
therefore
stands
distinctively
out
in
this;
that
you
can
have
the
guarantee
of
the
actual
maker
to
his
article.
This
may
be
illustrated
by
the
fact,
that
the
annual
capacity
of
the
leading
Irish
Pot-Still
Distiller
is