Word: newsprint
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Dates: during 1920-1929
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Loud was the outcry of U. S. newspaper publishers when Canadian papermakers, prodded by provincial government officials, announced they would have to charge $5 more than $55.20 per ton (the present price) for newsprint (TIME, Dec. 9 et seq.). The American Newspaper Publishers Association made the threatening gesture of inviting Federal investigation. They also made the conciliatory gesture of inviting a committee of the Newsprint Institute of Canada to meet with them in Manhattan and talk things over. Last week the pulpsters replied: Their minds were made up, they would not go to Manhattan to discuss the matter further...
...month truce was forced upon them by the biggest company among them, U. S.-owned International Paper Co. Not a member of the institute, free to act independently, International offered newsprint at $55.20 per ton until July 1, promising 30 days' notice of any price change after July...
...gist of the conference's opinion was expressed in a report published after their conference: "The publishers are in possession of no facts that lead them to believe that an increase [in newsprint price] is warranted on an economic basis." From Toronto came a report, quickly denied by Premier Taschereau, that the price-rise policy would be reconsidered by Canada's pulpsters...
...Government is negotiating for $10,000,000 worth of Alaskan spruce and hemlock for newsprint manufacture, a stimulant to pulpsters' interest in that territory. The U. S. now annually imports about 100,000 tons of newsprint, duty free, from Germany, Finland, Sweden, Norway. This amount is, however, negligible in the annual consumption of newsprint in the U. S., estimated (1928) at 3,600,000 tons...
...Other U. S. institutes and associations are many, include: American Macaroni Manufacturers' Association, American Shovel Institute, Ash Handle Association. Association of Limb Manufacturers of America, Better Bedding Alliance of America, Canadian Newsprint Association (see p. 19), Casket Manufacturers' Association of America, Copper Institute, Corset and Brassiere Association of America...