Nonmetallic Mineral Industries

The American Institute of Mining, Metallurgical, and Petroleum Engineers
Oliver Bowles
Organization:
The American Institute of Mining, Metallurgical, and Petroleum Engineers
Pages:
4
File Size:
447 KB
Publication Date:
Jan 1, 1934

Abstract

THE ADVERSE CONDITIONS that have gripped industry during recent years have to some extent submerged technical developments under the more pressing demands of economic problems. Progressive operators, nevertheless, have given attention to improvements in processes and equipment even when sales were at a low ebb. The array of facts relating to technical advancement here presented, although doubtless incomplete, is sufficient to indicate that the spirit of inquiry and research has not been quenched by adversity. During the latter part of 1933 a new element has focused interest more fully on improved methods of quarrying, mining, and preparation of nonmetallic minerals. Codes established under the NRA have fixed minimum wages, reduced working hours, and tended to establish selling prices .on a basis of reasonable profit. Labor adjustments will in many instances increase the cost of production, and stabilization of selling prices will tend to emphasize quality and service rather than price as sales arguments. These new conditions point to a growing necessity for improving technique in the interest of reducing cost of production and improving the quality of products. Thus, technology is linked with economics more firmly than ever.
Citation

APA: Oliver Bowles  (1934)  Nonmetallic Mineral Industries

MLA: Oliver Bowles Nonmetallic Mineral Industries. The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1934.

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