Consent of Independent Accountants


   We consent to the incorporation by reference in the registration
   statements of Badger Paper Mills, Inc. and Subsidiary on Form S-8 (File
   Nos. 333-01671 and 333-01673) of our reports dated February 4, 1997, on
   our audits of the consolidated financial statements and financial
   statement schedule of Badger Paper Mills, Inc. and Subsidiary as of
   December 31, 1996 and 1995, and for each of the three years in the period
   ended December 31, 1996, which reports are included in this Annual Report
   on Form 10-K.




                                 COOPERS & LYBRAND L.L.P.

   Milwaukee, Wisconsin
   March 26, 1997