Word: newsprint
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...worldwide newsprint shortage is over. For the first time since the shortage began more than ten years ago, the Newsprint Association of Canada, where 53% of the world's supply is produced, announced in its year-end report that there is enough newsprint to satisfy the world demand. In 1952, said the association, supply was only 47,000 tons less than demand, while in 1953, with an increased output of 285,000 tons, supply equaled demand. Total world newsprint production for 1953: 10,877,000 tons. v. 8,144,000-ton pre-war average...
...fact, prices are dropping because of heavy supplies pouring in from abroad. Thus, though it may be vital to expand domestic production capacity lest foreign supplies be cut off in time of war, there is little incentive to do so. Other industries that have expanded, such as newsprint and steel, know that there is a good civilian market waiting for them, defense orders or no. But producers of such materials as titanium, still dangerously short, have no such assurance...
...have stood by, silent and tightlipped, for five 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...
...more than ten years, newspapers all over the world have felt the squeeze of newsprint shortages. Last week, after three years of investigation, a House Judiciary Subcommittee reported: "Supplies of newsprint during the year are more favorable than they have been for many months, [but] the time has not yet been reached where efforts to assure adequate supplies of newsprint can be in any way relaxed...
With about 80% of U.S. newsprint coming from Canada, the subcommittee's chief recommendation to overcome the scarcity and the high prices that result (up 150% in the past ten years) is to increase U.S. newsprint output by 1) expanding newsprint mills by granting more fast tax write-offs to newsprint producers; 2) making newsprint from sugar-cane waste (bagasse), which "could well transform the [world's] pattern of newsprint production"; 3) encouraging other new sources of newsprint, using more hardwood instead of softwood for pulp. If these and other recommendations are followed, concluded the subcommittee, newsprint supply...