Ogden Evening Standard | 1911-05-27 | Page 8 | Admission of the Paper Interests

ADMISSION 0E THE PAPER INTERESTS WASHINGTON, May 26. Acknowledgement Acknowl-edgement was made today that the American Paper and Pulp association at times had advised Its members to curtail paper production and that Us purpose was to educate the manufacturers manufac-turers to get all they could for their product. The admission came from Arthur C Hastings, president of the American Papor and Pulp association, who, before the senate finance com-mltteo, com-mltteo, opposed the Canadian reciprocity reci-procity agreement Ho denied, however, how-ever, that any attempt had been made to fix arbitrarily the price of paper by gentlomans' agreement or otherwise. other-wise. Mr. Hastings acknowledged in roply to a question of Sonator Stone that ho had sont out letters last July to members of the association telling them to reduce their prices on account ac-count of an over supply, and that at i i ii . . " - - -- other tlmos ho had advised storing part of their product until supply and demand were more nearly equal. Ho denied that he, had suggested tho price they should doinand or at what prlco they should sell. oo -