HEMP AND THE ECONOMY Compiled by the Business Alliance for Commerce in Hemp (BACH) Provide

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HEMP AND THE ECONOMY Compiled by the Business Alliance for Commerce in Hemp (BACH) Provided by Access Unlimited, PO Box 1900, Frazier Park, CA 93225 Hemp's Role in Economic History - Hemp is regarded as probably being the first crop cultivated by humans: as early as 8,000 B.C. in the Middle East. Hemp textile industries were introduced at about the same time in human development as pottery. Hemp provided the sails and rigging for ships that allowed worldwide commerce and made Columbus' trip to America possible (other fibers would have decayed somewhere in mid- Atlantic). Hemp replaced papyrus as the source of paper that eventually fostered the spread of written knowledge. Hemp was the largest cash crop in the world until the late 19th century, when new technology began to replace it. Hemp's Role Today - With some 50,000 commercial uses, Hemp is the most versatile renewable natural resource on the planet. And it is again the largest cash crop in America; Hemp generates almost four times as much revenue ($41.6 billion/yr) as does its closest competitor, corn ($13.37 billion), according to the federal Drug Enforcement Administration. But this is only a small fraction of the potential revenue that will be generated when Hemp again takes its rightful place in the agricultural, textile, food, fuel, cordage, fabrication, pharmaceutical medicines, paper and other affected businesses in a decentralized ecological and financially stable economy. Hemp For farms - Hemp was the major cash crop of the U.S., including most of the areas now suffering from family farm foreclosures, until just before the Great Depression. It is still a viable cash crop and could be grown on marginal lands, between crop seasons or on fallow land to enrich the soil. Hemp is the best energy biomass crop identified to date, and could provide the raw materials for renewed economic growth in rural and "rust belt" communities. Hemp For Clothing - Fabrics made from hemp are more insulating, softer, stronger, more water absorbent and last many times longer than cotton. This amazing plant fiber holds its shape as well as polyester, but "breathes" and is biodegradable because it is completely organic. It has been valued for its durability since before recorded history. It can be woven as coarse as burlap, smooth as silk or intricate as lace. The canvass sails on generations of ships and the original Levi jeans were all made of hemp. The quality of this natural fiber has yet to be surpassed. Hemp For Paper - Paper made from hemp lasts many times longer than that made of wood pulp, without yellowing, cracking or otherwise deteriorating. Hemp pulp does not require as much of the chemical needed to break down lignin as wood, does not cause dioxin pollution, and has been called the "archivist's perfect paper." The Declaration of Independence and the U.S. Constitution were both originally drafted on Hemp. Restrictions on Hemp have added to the destruction of about 70% of American forests since 1937. Help restore Hemp to its rightful place in history. Hemp could Save S&Ls - The Savings & Loan industry could recoup its losses by allowing debtors (i.e., real estate) to invest in hemp..For example, the cost of the federal S&L bailout program submitted by President Bush in August, 1989 was $50 billion. "Marijuana" income for 1988 was $41.6 billion: the money generated by sales of relaxational Hemp alone could pay off 80% or more of the difference. Estimates of the total legitimate revenues that would be generated by legal commerce in non-smoking Hemp range from 10 to 100 times that amount. Hemp Saves Taxes - Marijuana prohibition and eradication programs waste hundreds of millions of tax dollars, create an untaxed black market of tens of billions of dollars and increased the domestic marijuana crop, according to the DEA. The National Institute on Drug Abuse (NIDA) estimated that there were 21 million regular smokers of marijuana and hashish in 1988. A lucrative market in smoking paraphernalia worth billions of dollars is being suppressed. Help restore competition & security to the American economy. Info: $1 + SASE to: Business Alliance for Commerce in Hemp (BACH), P.O. Box 71093, L... CA 90071-0093.


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