Word: montreal
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Dates: during 1920-1929
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Slim, aristocratic Louis Alexandré Taschereau, Premier of Quebec, and bluff, jovial George Howard Ferguson, Premier of Ontario, met in Montreal last week to talk about the price of paper. For Canada the occasion was vital. Of all Canadian industries, largest and most important is the manufacture of cheap, impermanent newsprint for U. S. dailies...
...Montreal with three stenographers bustled I. P. & P.'s stocky thick-lipped president, Archibald Robertson Graustein, onetime infant prodigy, brilliant Harvard scholar (TIME, April 29). Newsprint at $60 the ton was impossible! President Graustein had columns of figures at the tip of his tongue. Speaking with the authority of a half-billion-dollar corporation, he was ready to prove his point. A spur to his arguments was the uncomfortable fact that I. P. & P. had a four-year contract to supply Publisher William Randolph Hearst with newsprint at a price range of $50 to $55 a ton, and breaking...
...Montreal rumors were to the effect that Premier Taschereau, backed by Ontario's Ferguson, had strongly hinted that unless I. P. & P. was willing to raise its price, Crown land leases would be canceled, timber land reallocated to Canadian pulp mills now shut down...
Excited at the news, Vice President J. L. Fearing of International Paper Co. (I. P. & P. subsidiary) telephoned to Montreal to learn the reason for his chief's sudden reversal. By this time President Graustein had recovered somewhat from his interview with the two premiers...
...Montreal, one Billy Hights bumped his auto into a truck. His wooden leg caught fire. Unable to jump, he was badly burned...