Every year the Hearstpapers, largest consumers of newsprint in the world, use approximately 465,000 tons of white, green, pink and peach colored paper. Last year hard-hitting President Archibald Robertson Graustein of International Paper Co. (subsidiary of International Paper & Power Co.) got the contract to supply Hearst with newsprint for five years at $55.20 per ton. Later he fought—and bested—the premiers of Quebec and Ontario when they tried to up the price to $60 (TIME, Dec. 9 et seq.). But the position of a U. S. paper company in Canada is not...
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