Alcoholism Costs $1 Billion Yearly
Alcoholism costs industry more than a billion dollars a year and 60 million lost man-hours, said Professor Paul Donham of the School of Business Administration at the Seventh Annual Conference on Alcoholism in Boston on Tuesday.
A survey made by the Yale Center of Alcohol Studies showed that there are 2,000,000 alcoholics on the payrolls of business and industry at the present time, Donham said.
"This survey," Donham stated, "proved that there are 10 per cent more victims of alcoholism than there are victims of tuberculosis, and 225 per cent more victims of alcoholism than of than of polio among workers in business and industry."
Participating in Tuesday night's panel discussion, which Professor Donham moderated, were Dr. Sobien D. Bacon, director of the Yale Center of Alcohol Studies and Livingston Hall, vice-dean of the Law School.