This article, written before report to Congress by Register of Copyrights was issued, examines whether balancing of rights of creators and needs of users has been accomplished by Copyright Revision Act of 1976, and reviews key issues in dispute between librarians and publishers over use of copyrighted materials in libraries. (EJS)

Discussion of the issue of copyright regulation highlights 1909 statute, 1976 Copyright Act, those affected by copyright, "Betamax" case, and responsibility of Congress in copyright regulation. Creation of federal administrative agency to design standards for application of fair copyright principles through regulation and adjudication is…