Abstract

Who Owns the Daily Press?

There has just ended another stage in an encroaching monopoly control over the U.S. press. Within an interval of a year or perhaps two, a further stage will begin to unfold. Then, one after another, newspapers over the country, particularly the small-town and country press, will begin to fall victims to the process. Such has been the experience in the past. It can only repeat itself. The International Paper and Power Company, which by its own boast occupies a position in the newsprint industry "unique in corporate history," has obtained a virtual monopoly on the whole North American paper market. This corporation not only dictates practically throughout the world the price at which newsprint shall be sold, but establishes entirely at its own pleasure the term of years for which its contracts shall run.