Word: pulp
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Dates: during 1950-1959
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...representatives last week left ol' Earl's incendiary tax proposals (TIME, July 2) in ruins. Rejected by the legislators: Long-backed measures to boost state levies on sulphur, natural gas and pari-mutuel betting. Scheduled for similar treatment: an administration bill increasing taxes on timber and pulp...
SOUTHERN PAPER BOOM is luring Hudson Pulp & Paper Corp. into newsprint production in Florida. The New York kraft maker will build a $25 million plant, has already started negotiation with Southern publishers for sale of its 120,000-ton annual output. Bowater Paper Corp. and International Paper Co., the South's biggest papermakers, also are expanding newsprint production...
...dawn, in the sweltering, smoky railway center of Kharagpur, near Calcutta, a locomotive chugged to a stop outside the station to discharge workers. Suddenly, a mob of 200 railroad strikers was upon it. Beating the driver and fireman to a pulp with stones, they tossed their bodies aside. Then they opened the throttle and sent the locomotive careering down the tracks into the station. It smashed into a crowd of 100 workers, throwing bodies in every direction and injuring 60 people...
...timberland prices soared (up as much as 1,700% in 18 years). Many companies have also diversified to make full use of their tim ber reserves, e.g., western alder, long bypassed when redwood and Douglas fir forests were logged solely for lumber, is now widely cut for wood pulp...
...same time, the small, one-product companies that once ruled the woods are yielding to corporate Paul Bunyans. To make the most of every shaving and splinter, lumber companies are branching into paper and pulp production; paper companies are pushing into lumber manufacture. Georgia-Pacific Corp., No. 2 plywood producer (after U.S. Plywood), recently broke ground for a $20 million pulp and paper mill at Toledo, Ore. Georgia-Pacific President Owen Cheatham, who has increased the company's timber reserves and cutting rights 1,000% since 1953, explained: "We aim to parlay the $900,000 worth of wood chips...