Who does it? I've never 100% figured it out. Those old bullet manufacturer's and reload manual writers were no dummy's. They taught the modern generation the ABC's of reloading. They understood pressure and the signs of it better than most. Yet they are routinely 1-1.5 and sometimes over 2 grains hotter than modern max loads in your standard calibers.
You could say that modern reloading manuals keep the max pressures down for liability reasons. Yet on the Hodgdon site for example it shows the cup pressures for the starting and max loads. Some max loads listed online are all the way to the maximum of the SAAMI pressure for that caliber, and the older manuals can at times go well past that in charge weights for that powder and bullet, even though they state that none of the loads listed exceed the industry standard for maximum pressure.
You could say that modern reloading manuals keep the max pressures down for liability reasons. Yet on the Hodgdon site for example it shows the cup pressures for the starting and max loads. Some max loads listed online are all the way to the maximum of the SAAMI pressure for that caliber, and the older manuals can at times go well past that in charge weights for that powder and bullet, even though they state that none of the loads listed exceed the industry standard for maximum pressure.