In an open  letter to the Cornell faculty, the Cornell library announced that
                  "We must now free up some of the money spent on Elsevier journals to pay for journals
                published by other publishers that are more needed by our users. We have explained this to
                Elsevier in lengthy discussions, both through our research library consortium and then
                independently. We have tried in these discussions to broker an arrangement that would allow
                us to cancel some Elsevier titles without such a large price increase to the titles
                remaining—but Elsevier has been unwilling to accept any of our proposals.

                We are therefore planning to cancel several hundred Elsevier journals for 2004. "