The Press: Institute of Paper

From Canada last week came bad news for idealists. The Newsprint Institute of Canada, a co-operative pool of paper manufacturers supplying more than half the newsprint used in the U. S., formed to keep prices up and production stable, ap- peared doomed to go the way of many another group founded upon mutual trust.

Index to the probable disintegration was the resignation, as chairman of the Insti-ute, of Colonel John H. Price, president of Price Brothers & Co., Ltd., large producers of newsprint. Said he: "I have become convinced that the expressed purposes...

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