Business: Book War

"The announcement ... is the crowning example of the chronic inferiority complex from which the book business in this country seems always to have suffered. I regard the decision of these publishers ... as shortsighted, unwise, and likely, if it has any effect whatsoever, to have a very disturbing effect indeed on the industry as a whole."

Thus last week did Alfred A. Knopf, book publisher, flay four other book publishers who had made the astounding announcement that they would hereafter sell for $1 or $1.50 books exactly similar...

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