Unless you could draw all the moisture out of the firearm prior to sealing it up (tough to do with a wood stock) AND in the environment you sealed the bag in, this is perhaps the worst thing you could do. First off, this method creates a greenhouse effect, trapping any humidity and sealing it into the bag which would be repelled by the anti corrosion paper causing it to condense on the metal, promoting corrosion on the external surfaces of the un-treated firearm, as well as all the close tolerance internal components. Second, anti corrosion paper is part of a (typically short term) storage system - the parts to be stored are usually covered in a protective film prior to being wrapped in paper. The paper contributes to the protection, but does not do the job alone. Parts packed in anti-corrosion paper need some amount of air circulation to compensate for fluctuations in temperature and relative humidity - that's why you see things like bearings, machine tool bits, ect wrapped in anti corrosion paper packed loosely in cardboard boxes. Another important thing to remember is that paper is acidic - even though anti corrosion paper has been chemically treated, it is still paper. In a vacuum sealed environment with even trace amounts of humidity, the trapped moisture will eventually break down the paper and cause the acid to leech out, and with no place to go, wind up attacking the firearm.