From the April 1969 magazine.

About Alcoholism - Alcoholism Information, Research and Treatment

Alcoholism Costs Business Plenty

American businessmen are wising up to alcoholism's high cost and to the fact that it can be reduced.

Experts differ as to how much alcoholics cost business each year. But they agree that it is plenty. The National Council on Alcoholism magazine sets the figure at $7.5 billion.

Losses of that magnitude can make industry take notice. Fifteen years ago, only four of the top 100 U.S. corporations had programs for treating alcoholics and for management and employee education. Today, 35 of the top 100 have such programs. And another 200 firms have instituted...

-- New York Daily Column