Useful for explaining why aged inventory creates asymmetric market power after disruption.
The chapter presents inventory and acquisition strategy as central to rapid post-Repeal scale.
Lewis Rosenstiel acquired distilleries, warehouses, brands, and mature stocks before Repeal, giving Schenley an unusually strong supply position when legal demand returned.
PDF sheet 121
PDF sheet 118
Chapter 11 — Schenley expansion
Fresh full-copy audit, 2026-09-29. PDF118–121: distinguish acquired stocks, brand rights and plants. NewspaperApril12 intext120 versusApril13 innotes124 unresolved. Output figures quoted by author are not independently audited.
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