In his address before the New York Business Publishers’ Association,
formerly the New York Trade Press Association, at the Advertising Club
of New York on Oct. 2, Judge C. F. Moore, secretary of the Bureau of
Statistics of the Book Paper Manufacturers’ Association, declared that
there was a real paper famine in the United States, and that the law of
supply and demand was solely responsible for the present high prices of
book paper.
He went on to say that the people in the United States were enormously
busy and that they were using more paper than ever before; that there
was a more acute paper famine abroad than in America, that the mills
in the United States were all working day and night six days a week,
and that because of discouraging legislation passed by Congress in the
past the paper manufacturers had not been keen on building new plants
and installing new machinery when there was such a chance for keen
competition from abroad. He asserted that there had been no agreement
by paper makers to boost the price or to regulate it.