Business: Texas Newsprint

Charles Holmes Herty's 1933 proof that newsprint could be made out of Southern slash pine excited Southern publishers: with slash pine growing like weeds in the South, they ought to get their newsprint a lot cheaper than the $42.50 a ton then charged by the Canadian and Northern U. S. manufacturers. (Current price: $48 to $50.) When a Southern lumberman named Ernest Lynn Kurth announced early in 1937 that he would build the South's first newsprint plant at Lufkin, Texas, the publishers were even more excited. But though kraft paper factories were fast...

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