OCR Text |
Show Message Says Rigid Economy by Publishers Is Only Way Out WASHINGTON. May 5. Further advances in print paper prices are to be made by tho International Papor company on July 1, said a telegram from Chester "W. Lyman, vice-president of the company, which wa3 presented pre-sented today to the senate committee Investigating tho paper shortage. The message, addressed to Joseph Pulitzer, Jr., publisher of tlfo St Louis Post-Dispatch, said: "Alarming rise in prices for pulp wood, other raw materials and mill supplies, together with Inevitable increase in-crease In transportation charges, will necessitate a higher selling price for last two fiuartcrs. Impossible to foretell fore-tell extent of Increase on account of uncertainty of conditions. Increase in cost likely to continue to turning point reached in general industrial, social and financial conditions. "Only remedy for present trouble Is rigid economy by publishers In their use of news print. It would be the height of folly for government to attempt at-tempt to regulate or lower spot market, mar-ket, as It would result In diversion of many specialty mlllanow making news print to their normal product." |