1

And now we have in the United States a market so large, thanks [?]
wages, that the chemical manufacturer is beginning to share the pros[?]
that formerly only the master of mechanical products enjoyed.
Most chemical processes can be conducted on a large scale ?.?
amount of labor that a small scale operation involves in either ?.
and moving increased production means an increased
as evaporating pan does not normally call for more men. W
therefore now looks as though the great market within the U.S. is
destined to do for the chemical manufacturer maker what the interchange
plan did for the mechanism manufacturer and the third great
epoch in the march of progress, brought about by high wages will
do much more relatively for the chemists than
——————-
High wages were forced more or less unwillingly on the first manufacturer
and to avoid too high costs he was also forced to adopt every labor saving device possible and
these improvements almost invariably had the ultimate effect of
lowering costs even if accompanied with higher wages but many of these labor
savers are justified only in large scale operations consequently the whole trend of
the times is to favor the nation with the big market and the firm with the
most customers. Or to be more personal How has the company I represent
met this demand? When the engineering department was first established as a
self contained organization. Its head was a graduate Civil Engineer and the
draughtsman had been a pattern maker and for a time most of the
tendency of this type of engineer is to make everything on as large a scale as
possible and to see and know how. overcome the difficulties that big
structures impose this coupled with the absol necessity of holding down the
investment for lack of capital broughtabout an elaborate study of
all the factors entering into the investment as best exemplified in loud
Kelviins lawbfor determining the investment in copper that was justified under varis
conditions. I do not know that our chemical reseach was conducted
in a manner materially different than was customaryelsewhere but
the [s?.] one can of wating plants undoubtedly by reflectd to some extent
the mehods used in the mature refined plants and then some plants
taken to the engineers who in cooperation with he chemists evolved
the real plant that normally was profitable after a moderate
amoun of turning up but noplant is ever final.

And now we have in the United States a market so large, thanks [?]
wages, that the chemical manufacturer is beginning to share the pros[?]
that formerly only the master of mechanical products enjoyed.
Most chemical processes can be conducted on a large scale ?.?
amount of labor that a small scale operation involves in either ?.
and moving increased production means an increased
as evaporating pan does not normally call for more men. W
therefore now looks as though the great market within the U.S. is
destined to do for the chemical manufacturer maker what the interchange
plan did for the mechanism manufacturer and the third great
epoch in the march of progress, brought about by high wages will
do much more relatively for the chemists than
——————-
High wages were forced more or less unwillingly on the first manufacturer
and to avoid too high costs he was also forced to adopt every labor saving device possible and
these improvements almost invariably had the ultimate effect of
lowering costs even if accompanied with higher wages but many of these labor
savers are justified only in large scale operations consequently the whole trend of
the times is to favor the nation with the big market and the firm with the
most customers. Or to be more personal How has the company I represent
met this demand? When the engineering department was first established as a
self contained organization. Its head was a graduate Civil Engineer and the
draughtsman had been a pattern maker and for a time most of the
tendency of this type of engineer is to make everything on as large a scale as
possible and to see and know how. overcome the difficulties that big
structures impose this coupled with the absol necessity of holding down the
investment for lack of capital broughtabout an elaborate study of
all the factors entering into the investment as best exemplified in loud
Kelviins lawbfor determining the investment in copper that was justified under varis
conditions. I do not know that our chemical reseach was conducted
in a manner materially different than was customaryelsewhere but
the [s?.] one can of wating plants undoubtedly by reflectd to some extent
the mehods used in the mature refined plants and then some plants
taken to the engineers who in cooperation with he chemists evolved
the real plant that normally was profitable after a moderate
amoun of turning up but noplant is ever final.