Nothing New Under the Sun, Part 2

Same game as last time—I reproduce a quotation that sounds like it was written today, with a little identifying information removed, and you guess when it was actually written.

The rate of increase of journal prices over the last 10 years has far outstripped overall inflation. The result is, for instance, that “a large academic library which subscribed to a broad range of journals and whose acquisitions budget has increased between [year] and [year 12 years later] at the general rate of inflation would be able to purchse only 62% of the journals it could have purchased 12 years earlier.”

Answer: the years are 1967 and 1979.

Source: Wood, D. N. (1983). Reprography and copyright with particular reference to inter-library lending activities—a view from the BLLD. Aslib Proceedings, 35, 457-467.