Monday, August 30, 2004

443 I know it was a legal product, but. . .

Somehow, this system looks a little odd when tobacco growers get a piece of the settlement pie.
"A year after the nation's tobacco companies reached an agreement with the country's attorneys general to pay billions of dollars for tobacco-related health-care costs, the companies made another agreement with the 14 states that grow tobacco.

Four of the country's largest cigarette manufacturing companies established the National Tobacco Grower Settlement Trust to compensate tobacco farmers for lost sales and encourage them to branch out into other crops.

As a result of the settlement trust, Ohio tobacco farmers will receive more than $70 million over 12 years.
Daily Reporter

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