Word: newsprint
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...first time since their dramatic divorce in 1948, Russia and Marshal Tito's Communist Yugoslavia agreed last week to resume doing business. In Belgrade the two governments signed a short-term agreement, bartering Russian crude oil, manganese, cotton and newsprint for Yugoslavian ethyl alcohol, tobacco, meat and hemp. Tito had also hoped to get some wheat for Yugoslavia, but the Russians, who have been having serious trouble with grain production (TIME. June 14), confessed that they had none to spare...
...adult" dailies, which are still restricted on newsprint while advertisers are clamoring for more space, thus took advantage of a new government order that permitted them to get more newsprint for new papers. Sniffed the weekly Economist: "[These papers are] aimed at an age group even younger mentally than their normal public...
...Trade last week prescribed strong medicine: pour in cheap foreign goods to bring prices down. To attract imports from the U.S. and other countries, Sweden abolished tariffs and restrictions on about half its imports. Included on the free list: chemical products, leather goods, most metal products, all paper except newsprint, wood products, shoes, hats, pottery, rubber products, glassware, dried and canned fruits, rice, brier pipes, fountain pens. In addition, the Trade Ministry eased restrictions on most commodities still requiring licenses...
...literate section on English grammar and word usage, carefully recommended good books, had a steady circulation of 80,000. When it rejected a manuscript, it offered a detailed criticism. Among its regular contributors: Winston Churchill, Rebecca West, Arnold Bennett, Max Beerbohm, W. Somerset Maugham. During World War II, newsprint restrictions and the exodus to the services cut John O'London's circulation to 50,000, and it never recovered. Last week its publishers sadly announced the last issue; high costs and changing tastes had forced the magazine out of business. Lamented John O'London's Editor...
...SOUTHERN NEWSPRINT production will be stepped up by the opening of one of the South's biggest newsprint mills. From fast-growing southern pine, Britain's Bowaters Southern Paper Corp.'s new, $60 million plant at Calhoun, Tenn. will turn out 130,000 tons of newsprint and 55,000 tons of kraft pulp a year. More than 100 Southern publishers have signed up to buy the mill's entire output for the next 15 years...