Word: newsprints
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...make a report at its 1930 meeting, by which time more data will be available on the program of the trust, especially that of International Paper Co. This company was named because of its purchase of a dominant interest in the Boston Herald and Traveler, because it manufactures more newsprint than any other company in the world, and because it is a subsidiary of International Paper and Power Co., vigorous participant in New England's "White Gold Rush" (TIME, April 22). ¶ Editor-in-chief George B. Parker (Scripps-Howard chainpapers) denounced the alleged policy of the power interests...
...Newsprint. Some 90% of Canada's woodpulp and paper production goes to the U. S. International Paper & Power Co., a U. S. concern with holdings in the Dominion (see p. 40), has developed such a grip over the U. S. supply that last year the threat of a Canadian embargo made U. S. newspaper publishers shudder...
Equally natural to the man in the streets of Boston seemed, at first, last week's news that International Paper Co., makers of newsprint on the banks of the St. Lawrence, had bought a half-interest in the Boston Publishing Co., publishers of the Boston Herald (morning) and Boston Traveler (evening), two of the most prosperous, of the Seventh City's many dailies...
...purchasers quietly explained: "The stock was acquired as a profitable investment in an allied business closely related to the manufacture of newsprint, to insure a permanent outlet for newsprint, and the arrangement was welcomed by the Boston Herald and Traveler interests as a reliable source of supply on a favorable basis...
International Paper Co. is not its own master. It is merely a money-losing subsidiary of International Paper & Power Co., a holding company formed last year when newsprint prices were bad and it became obvious that more valuable than International Paper's coniferous forests were the rivers that rushed through those forests with vast potential horsepower (TIME...