Five years ago the greyish, absorbent paper upon which the publishers of the 1,939 U. S. dailies spread the country's news, cost $75 per ton. Today it costs $62 per ton. The decline in price is cited as the reason the newsprint makers, notably International Paper Co., have been going into the business of selling waterpower to make a side profit, and buying newspapers to ensure their market (TIME, Apr. 22, et seq.). The possibility of a price rise was cited by the American Newspaper Publishers' Association, convened last week at Asheville,...
To continue reading:
or
Log-In