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"There's a view that would say, 'We can't imagine a world without the Journal of the American Chemical Society,'" Mr. Walker said. "Well, there was a time when we couldn't imagine a world without Kodak cameras either." (source)Lest you think that Mr. Walker is someone who really doesn't care about chemistry journals, you should know that Martin Walker is an associate professor of chemistry at SUNY Potsdam.
Jenica Rogers, the director of libraries at SUNY Potsdam, has been warning Walker and other Potsdame chemistry faculty that price increases in ACS journals were unsustainable, so they saw this coming. Other faculty aren't quoted in the article, but according to Rogers,
I think our faculty were primed to hear it. They don't like it. They don't want it to be true. But they understand the situation we're in.Ironically, Elsevier's ScienceDirect will be providing some of the access to published literature in chemistry. Rogers isn't crazy about Elsevier, but she couldn't opt out because of an agreement involving all 64 SUNY campuses.You can read more of what she has to say on her blog, Attempting Elegance.