The Big 12 Plus Library Consortium has issued a statement warning that "long-term access to scholarly research is in grave danger," because of high prices that have forced some libraries to cancel journal subscriptions and cut back on book purchases. At the same time, commercial interests are pushing legislation that would restrict fair use of copyrighted works. The statement calls for a new model for managing intellectual property that would include new understandings of copyright and fair use, and a new economic model for producing and distributing scholarly information. Institutions should "acknowledge that research libraries can no longer afford to build comprehensive collections," and must focus on determining which materials are the most useful to the largest number of constituents. (Chronicle of Higher Education 20 May 98)