Word: newsprint
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Dates: during 1950-1959
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...barter deal that the Soviets negotiated with Nasser in September 1955 has cost Egypt dearly. What Egypt got was Czech arms-many of which were captured by the Israelis-plus such items as crude oil of such a high sulphur content that it damaged Egypt's refineries, and newsprint so coarse that it tore up Cairo's high-speed Western presses. In return. Nasser gave the Soviets a long-term mortgage on Egypt's cotton crop, the nation's No. 1 source of income. The Soviets started off by reselling Egypt's cotton on world...
Surrounded by newsprint in a storage room at Ohio's Lima Citizen, 350 stockholders perched attentively on rented chairs last week to hear the first progress report on the daily that 1,100 Limaites had pitched in to start (TIME, July 15). For the owners, ranging from the president of Lima's telephone company to a 13-year-old Citizen carrier boy. Publishers James Howenstine and Sam Kamin had nothing but good news. Founded on $300,000 to fight the 25-year-old Lima News after crusty old Raymond Cyrus Hoiles and his Freedom Newspapers had turned...
...parody of the Princetonian duplicated the paper's style and format. The Yale edition was almost an exact replica, the CRIMSON being unable to duplicate exactly the low quality newsprint of the Daily News...
Some of Canada's key industries felt a painful squeeze. Automobile sales for the first eight months of the year were off 6%. Newsprint production declined in September and was expected to dip further in the final quarter; higher production costs had trimmed paper-company profits by 20% to 30%. In prospering Alberta, a slump in both domestic and export sales of crude oil cut scheduled November production to the lowest rate in 2½ years. Drilling was off, and one drilling contractor reported: "One third of our rigs are down and the others are not making any money...
...Soviet bloc has sent Nasser oil, wheat, and old military hardware. But the Communists have been unwilling or unable to supply many of the items his Western-oriented economy needs, notably spare parts and lubricating oils. What they have sent has often proved inferior, e.g., low-quality newsprint that tears in Cairo's high-speed Western presses. Cracked a Cairo editor: "Pravda must go to press at 6 o'clock at night." The domestic economy twitches along in austerity and torpor, with tea and sugar scarcely obtainable except at black-market prices, and the regime invoking military...