  J/Psi photoproduction is studied in the framework of the analytic S-matrix
theory. The differential and integrated elastic cross sections for J/Psi
photoproduction are calculated from a Dual Amplitude with Mandelstam
Analyticity. It is argued that at low energies, the background, which is the
low-energy equivalent of the high-energy diffraction replaces the Pomeron
exchange. The onset of the high energy Pomeron dominance is estimated from the
fits to the data.
