It is to be feared that the Swedish manufacturers, while anxious to sell as much as possible to, were very reluctant to buy, from these islands. They denounced the British official decree in no unmeasured terms, and sought by every means in their power to secure its withdrawal. But for once British authority was not solicitous of the interests of the foreigner. Recognizing the futility of protest the Scandinavian makers set to work to comply with our demands, and so shipped the pulp in the dry form. We received the benefits accruing from this line of action because we received twice as much pulp as formerly for the same amount of tonnage. True, it cost us more, the price running up to £32--$160--per ton, but it is to be feared that the foreign manufacturers took full advantage of the peculiar situation which prevailed in accordance with that inexorable law of supply and demand, although they maintained that their manufacturing charges were heavily inflated, not only from the purchase of the necessary coal, but from the higher wages which labour demanded. But even at the above figure we derived distinct advantage. Seeing that one ton of dry represented the equivalent to two tons of wet pulp we were really paying at the rate of only £16--$80--per ton, less the sum which had to be deducted from the sale of our coal. Restriction of freight had a good deal to do with the enhanced prices. Only 250,000 tons of shipping a year were allocated to this traffic, and what cost 5s.--$1.25--a ton to ship in 1913 cost £13--$65 per ton in 1918. British ships participating in this trade were thus able to get back something of the heavy prices we paid to the foreigner for an indispensable commodity. But even £32--$160--per ton for dry mechanical pulp contrasted favourably with the chemical pulp, also shipped dry. This, which before the war cost £7 10s.--$37.50--per ton shot up to £47--$235--a ton at one period, and recorded £35--$175--per ton during 1918, while paper, even of the lowest grade, which commanded £10--$50--a ton in 1913, realized £45--$225--per ton in 1918. Contemporaneously with the adjustment of the various questions pertaining to the Scandinavian pulp and paper, the authorities set to work to develop the domestic raw material industry. Obviously the most promising founts were rags and waste-paper. It was computed that, if these available sources were fully exploited, it would be possible to secure some 300,000 tons of suitable material during the year.