Word: newsprint
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Dates: during 1940-1949
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Judge Shinn threw out the most sensational charges: that Consolidated was organized as a fraudulent scheme to sell part of Hearst's property at an excessive price; that Hearst had charged it too much for goods and services from his newsprint and news-feature companies; that Consolidated was forced to pay Hearst's salary (once $500,000 a year) although he spent just as much time in behalf of his private interests; that in general Consolidated had been forced to. pay the freight for the Hearst empire. The court absolved Hearst, his companies and the Consolidated directors...
This challenge would have been more appealing had not OPM declared two months ago that there was no newsprint shortage in sight. It would have been more convincing had not Paper Policeman McKenna suddenly boosted OPM's estimate of paper needs by nearly 40%-two months ago OPM set demand at only 18½ million tons. It was evident that OPM's figures on paper supply & demand, production capacities, are contradictory, that the Government is approaching paper rationing with as little savvy as gasoline rationing...
...fact that OPM is floundering in a sea of statistics does not alter the prospect of shortage. Many a publisher, aware of the notorious excess capacity of newsprint mills, has been lulled into a false sense of security. But under defense pressure mills have begun turning pulp into products which they never dreamed of, even laminating newsprint into special paperboard for shell boxes. Before many months it seems certain that the U.S. press will have to take in its belt...
Since 1930 the U.S. newspaper business has been in a downward economic spiral which is not yet stopped. Such is the gist of a 59-page survey issued last week by the Newsprint Association of Canada, 75% of whose paper is sold to the U.S. press. Some of the things which the Canadian newsprint makers view with alarm...
Publisher Regueros Peralta dropped Transocean Service when he began to suspect it was doctoring U.S. news. Transocean offered to subsidize El Comunero with cash and discounts on newsprint, if Sr. Regueros Peralta would continue the service. He refused...