Word: newsprint
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Barely Black. Newsprint, which can account for 50% of a paper's budget, has soared from $41 a ton in 1933 to $135. The Linotype machine that sold for $8,000 twenty years ago costs $20,000 today. Technological gains in efficiency are largely neutralized by the fact that powerful shop unions prevent management from cutting payrolls, even though only half as many men may actually be needed to tend the new equipment. Union "make-work" practices such as "bogus"-the needless resetting of ads originally received in mat or plate form-waste millions of dollars a year...
Outwardly, the loggers' strike is a jurisdictional struggle between the I.W.A. and the newly formed Newfoundland Brotherhood of Woodworkers; more profoundly, the island's economy is at issue. Two big newsprint producers, Anglo-Newfoundland Development Co. Ltd. and Bowater's Pulp & Paper Mills Ltd., are faced with the rising cost of cutting logs in Newfoundland's skimpy forests. Newfoundland Premier Joseph Roberts Smallwood, fearful that further cost increases might endanger the companies' operations, moved in to settle the dispute at Grand Falls. Liberal Smallwood, once a union organizer, rammed a bill through the provincial legislature...
...have stood by, silent and tight-lipped for three days, while New Yorkers have done without their major newspapers. Every day we have held back, hoping the strike would end. We can stand by and watch no longer. The CRIMSON is bringing its newsprint to New York...
Despite these drastic efforts (plus the fact that he allocates all newsprint and advertising), Menderes has not broken the press to his harness. He can still pick up a Turkish paper or magazine almost any day and spot something that sets him to boiling
Like the rest of Canada, B.C. had its share of recession this year. Capital spending for major pipelines, newsprint mills and hydroelectric projects tapered off last year; markets softened for lead, zinc and aluminum. Yet, typically, British Columbians spoke of the recession as "the poorest boom in years." The province's salmon fishermen had their best season in decades, and farmers, loggers and production-line workers were making-and spending-enough to keep income and retail sales at record levels...