Word: abitibi
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Dates: during 1930-1939
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...strength, succeed the Institute as the influence to stabilize prices and regulate expansion of the industry. Armed with both Hearst and Rothermere contracts, the richest in the world, President James Henry Gundy of C. P. & P. loomed as logical Moses to lead the indus-try from its factional wilderness. Abitibi Power & Paper Co. and St. Lawrence Corp. would be possible allies of C. P. & P. in such a union. International Paper & Power Corp. might head another group; or-hav- ing lost the Hearstpaper business after 1933-might turn wholly to its major interest, Power, and pool its Canadian newsprint activities...