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By L. Salnais

"Aluminum alloy structural components f or aircraft designed prior to the early 1970s, were machined from 2024, 7075 and 7079 plate, bar and forgings in either the T3xxx of the T6xxx tempers. Protective treatments for these parts consisted of chromic acid anodizing and alkyd zinc chromate primer, plus a nitrocellulose lacquer for exterior parts.The major service problem with these parts was the frequent occurrence of exfoliation corrosion and stress corrosion cracking (S. C. C.). Therefore, 2024 and 7079 alloys, with min or exceptions, were not used in aircraft designed after the early 1970s. Replacement materials were 7075 and 7050 alloys in the overaged, exfoliation corrosion and S. C. C. resistant, T73xxx tempers.The use of improved materials together with the upgrading to chromated epoxy primers, polyurethane enamels and the introduction of water displacing corrosion inhibiting compounds have significantly reduced corrosion in aircraft. IntroductionThe prevention of corrosion in aircraft has been a challenge to aircraft designers for many decades. With the design of the first all-metal aircraft, the designer and builder were thrust into the relatively new field of protective treatments as corrosion started to become more prevalent. This resulted from the continually increasing importance and wider utilization of aircraft, and their exposure to a wider variety of ho stile environments such as urban industrial pollution, high humidity tropical areas and salt ladened marine environments.Corrosion advanced another significant step when, after World War II, designs of new and larger aircraft utilized larger and thicker metal sections in the manufacture of structural components. With thicker mill products came higher residual heat treat, fabrication and assembly stresses resulting in an increased number of stress corrosion and exfoliation corrosion problems.Apart from the exterior environment, aircraft interior s can be exposed to a number of fluids which are either directly or indirectly responsible for corrosion. The most common of the fluids is water which is usually introduced as a result of condensation, especially in pressurized fuselages, and spillage from lavatories, galley s and electrolytes from batteries. These fluid s have a degrading effect on protective treatments and are also corrosive to the substrate metal. Fluids such as phosphate ester hydraulic fluids and ester based turbine engine lubricating oil s are not corrosive to the substrate metal, albeit they do contribute to corrosion by the degrading effect on protective treatments."

Jan 1, 1988

By G. S. Farnham

Abstract This paper lists the interests of the Physical Metallurgy and Chemical Research laboratories of the Metallgesellschaft, which were visited by the authors, members of a group of Canadian investigators sent to Germany by the Department of Reconstruction in 1945. The Physical Metallurgy Research Laboratory The following information was obtained from Professor E. Schmid, Chief of the laboratories. It is understood that Dr. Schmid is a former Nazi and was to be removed from his post in November (1945). Aluminium Research The laboratories investigated the corrosion resistance of the high-strength aluminium-magnesium-zinc alloys. The same test procedure as used by V.L.W. was followed and Dr. Schmid co-operated closely with Dr. Brenner on this project. Intercrystalline corrosion was combatted by additions of chromium, titanium, or vanadium, and the work in this field parallels that of Dr. Brenner of V.L.W. * Dr. Schmid reports that Bollenrath and Siebert believe that corrosion difficulties with these alloys can be overcome to some extent by heat treatment. He himself was of opinion that the correct answer lay not only in correct alloying but also in correct heat treatment. The heat treatment involved either interrupted quenching or a change in quenching rate from a solution temperature of 500°C. The procedure is either a slower cooling from solution temperature or an interrupted cooling with a holding period at l50°C. Work had been done on piston alloys, the 11-13% Si, 1% Ni, 1% Cu, and 1% Mg being the favoured material. This is called Lo-Ex and is similar to Mahle 124 or KS1275.

Jan 1, 1946

By R. Blazej

Machinery Systems Division (MSD) in the Institute of Mining Engineering at Wroclaw University of Technology specializes in belt conveying systems analyzing, calculating and design. Within the division operates the certified Laboratory of Belt Transportation (LTT) and Laboratory of Rollers. Since few years, a group of several people have begun work on developing a comprehensive system for the automatic evaluation of condition of conveyor belts working in the mines. Group uses both magnetic devices developed by specialized companies servicing belts and its own machine vision system developed for assessment of belts covers and edges during belt movement (up to 7 m / s) on the specially designed for this purpose the test conveyor. Recently they have got the research grant funded by the National Centre for Research and Development (NCBiR) for development of the system for automatic diagnosing of conveyor belts? condition and aiding of rational belt management. On the basis of previously created diagnostic tool called ABCDE (Automatic Belt Condition Diagnostic Equipment) the five modules: vision-A magnetic-B, preventive-C, forecasting?D, and determining safety factor-E will be developed. They will automatically interpret data about conveyor belts? condition to indicate the extent and timing of repairs, to prevent failures and to select the optimum moments for their replacements. The system will use results of ongoing research & development and planned research concerning modeling of belt wear using evolutionary genetic algorithms. The reached stage of research can not yet allow to start the implementation work by potential users. It is therefore necessary to pursuit research in real scale, the development of new modules (C-E) and intensive testing of the system in working condition with system calibration to optimize the economic effects.

Aug 1, 2013

By John A. Wells, Leticia Conca, Kenneth G. Thomas

"Since about 2002 there has been significant capital cost escalation, not inflation, in the mining industry causing turmoil for successful project completion. Project capital costs have more than doubled and some cases tripled in this time period. This has rendered many projects to be economically challenged and in some cases not viable. In addition higher than expected operating costs have further adversely affected project metrics such as NPV and IRR. Capital cost increases for projects have been widely reported globally. This current paper reviews three items. Firstly, why such capital increases and the various components that make up capital estimates. Secondly, it looks at reasons why preliminary estimates, for example at scoping and pre-feasibility level, have been lower than the ultimate constructed costs. Such increases and differences in estimates have caused major problems for mine builders and have led to a general nervousness on the part of those providing project finance. Thirdly, what discipline is needed in project execution in an attempt to mitigate such capital increases. The paper will hopefully give a better understanding of the various issues and factors involved for those in the mining industry.INTRODUCTION The years 2012 and 2013 were a turbulent time for the mining industry. The European economic crisis, politics, metal price volatility and a wave of changes of CEO´s in some of the major mining companies all contributed to a challenging couple of years. Two issues stood out. First, the huge increases reported in the capital costs of projects, where increases of 100% - 300% were not uncommon and in some cases exceeded that during the first decade of the 21st century. Second, company write downs related to takeovers during the boom and the stabilization/correction in commodity prices. These have led to great uncertainty, made it difficult (or impossible) to raise project financing costs, contributed to the changes at CEO level and placed many projects either on hold or cancelled altogether. It is commonplace now to read of companies talking of reduced capital expenditure and making a complete review of their projects and operations to contain costs."

Jan 1, 2014

By Don A. Toth

Until recently, the fire protection systems used to protect mining equipment were based on generically designed, off the- shelf concepts. These systems were reliant on single agent approaches and were generally comprised of a series of small twenty or thirty pound chemical canisters that would discharge their contents when triggered by thermal detection means. As the equipment grew in capacity, the logic used to increase the protection was to add more chemical canisters to the system. Hydraulic excavators and large-scale mining trucks grew dramatically in size into the 1990?s and beyond; with this growth came the increase in major losses due to fire. This was evidenced throughout this period, and continues to be of great concern today. During this presentation you will learn of the significant changes that have come about as a result of this history. Today, dual-agent products, infrared detection and unit-specific, engineered systems are the primary phrases used when discussing how to best protect this equipment from fire loss. This session is a must for anybody looking to optimally protect their equipment assets and for those looking to renew and/or secure new insurance for high value equipment in the future.

Apr 1, 2005

By D. M. Doyle

A study of the various components contributing to energy costs and their relationships to generally trended operating data, such as tonnage, operating costs, etc., over progressively shorter time periods provides information for an energy audit. A study of annual data gives some insight into the importance of various energy components. As the time frame of the study progresses through monthly, daily and, finally, into quarter hourly data, the variations become more evident and, most important, strategies develop to minimize energy costs. The results of an audit conducted during the summer of 1978 at Wesfrob Mines Limited are reported to illustrate this important phase, prerequisite to a meaningful energy cost avoidance program. The balance of the paper deals with the energy conservation program at Falconbridge Nickel Mines Limited's Sudbury operations, the metering and control equipment, the commitment, the new energy accounting practices and, lastly, the policies. Examples of successful energy conservation endeavours include automatic peak electrical load control, waste heat recovery from mine air and compressor cooling water, energy reductions resulting from lower building temperatures and curtailment of idling loads. The use of pulse meters to measure the flow of gas, steam, compressed air and electrical energy, with their signals interfaced to process computers, allows monthly, daily and, if necessary, immediate reporting of energy and energy per unit of production information The program so reported at Falconbridge's Sudbury Operations is credited with an annual cost avoidance of .9 million dollars in a 14.0-million-dollar annual energy account

Jan 1, 1979

By S. Junnikkala, K. Föhr

"Experiments were performed with plant feeds with a continuous 1,8 m3 cell at Pyhasalmi mine with Cu flotation feed in order to test the applicability of the bubble surface area flux as an indicator of the flotation rate constant. It was found that bubble surface area flux could not predict the rate constants of coarse Cu containing fractions. In the middle size fraction, the correlation coefficient in the rate coefficient estimation was higher but not statistically significant. Only the fine fraction showed a linear relationship with a moderate correlation coefficient.The bubble surface area flux was shown not to be a function of the impeller velocity above a threshold value. The flux was an almost linear function of the superficial gas rate enabling to use the superficial gas rate instead of flux if the operation of an existing cell is to be estimated.INTRODUCTIONBubble area flux seems to offer a simple way of modeling flotation. It relates the flotation rate constant with the bubble surface area flux by a simple linear equation. Due to this, there has been a considerable interest in using the bubble area flux for flotation computations. It has even caused claims that a cell producing a high bubble surface area flux automatically produces a high rate constant and therefore a high recovery.This paper discusses some of the assumptions of the relationship and gives some plant results during two sampling campaigns.The bubble surface area flux s b is describing the area of bubbles available for flotation in a cell per unit area. The bubble surface area flux is related to the superficial gas rate J, by the Sauter mean diameter as follows"

Jan 1, 2001

By Mike Ounpuu

"Locked cycle testing has become more common practice in the last 10 years. Reasons vary from a desire to avoid pilot plant testing, demand for more variability testing within deposits, and perhaps most importantly, a request from the financial institutions who invariably finance many of the projects. Surprisingly, many people don’t understand locked cycle testing, analysis and balancing. This paper provides a brief overview of locked cycle testing, and then progresses into a more detailed discussion on the analysis and balancing of locked cycle test data. The paper endeavors to educate CMP personnel on how to determine if the test was good and if a reasonable metallurgical projection was made. The paper uses case studies to illustrate the key points.INTRODUCTIONA locked cycle test is a repetitive batch used to simulate a continuous circuit. The basic procedure has a complete batch test performed in the first cycle which is then followed by similar batch tests which have “intermediate” material from the previous cycle added to the appropriate location in the current cycle. These batch tests, or cycles, are continued in this iterative manner for an arbitrary number of cycles. The final products from each cycle, i.e. final concentrate and final tailings, are filtered and thus removed from further processing. At the end of the test, all the products, final and intermediate, are dried, weighed and subjected to chemical analysis. The test is balanced and a metallurgical projection is made.This description can be found in many of our classical textbooks for the mineral engineer 1, 2, 3,4. Unfortunately, none of these textbooks provide any discussion beyond the basic procedure. Often, they provide comments such as in Taggart’ where he states; “It is questionable whether in any case it approximates mill results any more closely than the standard batch test”. It is truly surprising that our classic textbooks promote that locked cycle tests are more art than science, and suggest that they can be of dubious value. None of the textbooks provide meaningful insight or discussion in how to assess:"

Jan 1, 2001

By A R. Bullis

Metal Mines Limited (Bancroft Division) was incorporated m 1964 to take over the assets of Faraday Uranium Mines Ltd., including their uranium deposit near Bancroft. Ontario. This paper outlines the geology of the Bancroft area, and. then go on to describe the principle rock types m the mine workings, especially the pegmatite, which is the host rock for the uranium mineralization. The structure and mineralogy of the orebodies are thoroughly covered, and, after a summary of the production and ore re-serve figures, the paper concludes with suggestions for further exploration work. Location and History M ETAL Mines Limited, Bancroft Division, is located in Faraday township, Hastings county, Ontario. The main production shaft and concentrator are about: Y2 mile north of Highway 28 and about 5 miles west of the village of Bancroft (Figure 1). The presence of radioactive minerals in the Ban-croft-Wilberforce area has been known since the early 1920's. Uraninite was found at the Richardson deposit near Wilberforce in 1922, and some attempts were made to produce radium from the deposits of the area between 1929 and 1931.

Jan 1, 1965

By A. J. Williams

"Conventional base metal milling practice normally consists of crushing, grinding and cyclone classification followed by flotation. It is the authors' belief that the commencement of flotation after cyclone classification leads to inferior metallurgical results and that implementation of flotation of grinding mill discharges can result in increased recovery due to reduced overgrinding, reduced activation of contaminating minerals and improved dewatering circuit results due to the production of coarser concentrates.The concept of recovering minerals from the discharge of grinding mills is not new! Gold concentrators have utilized jigs and flotation cells while iron ore plants have employed magnetic separators to recover gold and magnetite respectively from the discharge of grinding mills. More recently, a Reichert cone has been used to recover sulphide and oxide base metal minerals from screened rod mill discharge. 1To the authors' knowledge, the first application of flotation of base metal minerals from the discharge of a production plant grinding mill was at the Lake Dufault concentrator of Corpor'1tion Falcon bridge Copper. Located 10 miles north of Noranda, Quebec the Lake Dufault concentrator commenced operations in August, 1964.The installation of flot11tion cells in the Lake Dufault grinding circuit proved so successful that an identical system was installed in the Manibridge concentrator of Falconbridge Nickel Mines Limited. Located 90 miles southwest of Thompson, Manitoba the Mamibridge concentrator commenced operations in June, 1971 and due to exhaustion of economic ore reserves discontinued production in May 1977."

Jan 1, 1984

By P. P. Andrieux

The recovery of the Zone G crown pillar, located between the bottom of the open pit and the top of the underground workings at the Raglan Katinniq Mine in Nunavik, started in the summer of 2008 and should be completed by the end of 2009. This article describes the rock mechanics-based approach implemented to design the recovery of this valuable block of ore. The stereophotography-based ShapeMetriX3D technique was first used to provide a comprehensive assessment of the various joint sets that comprised the pillar. Then, the statistical distributions obtained for the dip, dip direction, spacing and persistence of these sets were used in conjunction with the geometry of the large-scale faults present in the area to build and run a series of explicit rigid numerical models. Each of these models had a slightly different jointing geometry, randomly constructed from these statistical distributions. Incorporating in a properly formulated numerical model the variability of some of the input parameters has allowed the engineering team to assess in a rational and reliable manner the likelihood of success of the proposed mining method and sequence.

May 1, 2009

By B. R. MacKay

Introduction The Corbin coalfield is one of the smallest, and at the same time one of the principal, producing bituminous-coal areas in southeastern British Columbia, and is unique on account of the great original thickness of one of its coal seams and the remarkable concentration of coal in a small area that has occurred through intense folding and faulting of the measures. These are such that the deposit has been referred to at times as "the world's thickest coal seam" and as" a mountain of coal." The determination of the number, thickness, and character of the seams present, and the structure, extent, and geological relationship of the several deposits, are of vital interest both to the operating company in its endeavour to evolve the most efficient method of mining these exceptionally thick deposits and to the Government in estimating the coal resources of the different fields. With the object of ascertaining these data the writer was assigned in 1930 to geologically map and study the Corbin coal deposit. A topographic map covering Coal mountain and the immediate vicinity on a scale of 1 inch =800 feet, with a contour interval of 25 feet, made by the Topographic Division of the Geological Survey, served as the base for the geological mapping.

Jan 1, 1931

By Les Johnston

_ BACKGROUND - About EPCOR - Genesee Generating Station - Phase 3 Expansion _ TECHNOLOGY SELECTION - Selection Criteria - Combustion Options - Flue Gas Emission Control Options _ STAKEHOLDER VIEWS _ PROJECT STATUS _ EPCOR is an integrated utility company for water, gas, electricity and technology services. _ EPCOR has about 1.6 million customers in Alberta, Ontario, Manitoba, BC, and the U.S. Pacific Northwest. _ EPCOR Generation Inc. operates three power stations in Alberta which were in operation before deregulation, including the coal-fired Genesee Generating Station. _ EPCOR Power Development Corporation owns generating stations in Alberta, BC and Washington State and will be building the Genesee Phase 3 expansion.

May 1, 2002

By J. A. Caceres

Mining planning and mineral processing are almost two unconnected areas. The mining area builds its economical models considering the plant like a constant parameter: a constant throughput, an average recovery and a unitary cost. On the other hand, the mineral processing area assumes a mine plan with grades, ore type, work index, estimating the performances in an independent way. Previous researches have evaluated the advantage for increasing throughput by increasing the liberation size, thus sacrificing recovery. These valuables approaches have left behind the work index factor, critical variable for Recovery-Throughput capacity estimation. This study describes a method combining mineral processing and mining planning. This method incorporates the grinding and flotation performances into the mining economic models optimizing simultaneously the Throughput- Wi(Work index)- Recovery relations with mining sequence, cut-off strategies, and reserve schedules. This method has been used at Andina Mine Chile, showing 18% net present value increasing with minimum investment associated.

May 1, 2003

By P. G. Claridge, G. P. Holmes, M. A. Redfearn

"IntroductionThe purpose of this chapter is to describe current practices in operation and maintenance of flotation circuits in Canadian mineral processing plants. The chapter consists of five sections covering description of equipment, typical flow diagrams, operating practice, instrumentation and maintenance. The approach to this subject matter is intended to be practical in nature, hence no deeply technical treatment of flotation theory will be included.Flotation is an extremely common method of beneficiation of ores. Reasons are the relatively low cost of flotation compared to many other processes, the wide range of minerals to which flotation may be applied and the high efficiency of separation which can usually be achieved. The flotation process as we know it today has been developed within this century and it has had a major impact on the mining industry. While flotation is commonly considered to be important because it provides a relatively simple method of separating minerals in complex ores, the availability of flotation has also made a multitude of mineral deposits in Canada into economically viable mining operations because it allowed production of a concentrate of valuable minerals from the ore. These concentrates could then be transported from geographically remote locations to centraHzed plants for further processing, although the existence of the remote and perhaps small ore body alone would not have justified installation of metallurgical processing plants on site and the grade of ore would not have justified direct shipment of ore.Some of the more common minerals concentrated by flotation are sulphides of copper, nickel, cobalt, iron, zinc, molybdenum, lead and arsenic, as well as non-sulphides such as sodium chloride, potassium chloride, phosphates, silicates, chromite, fluorite, limestone and coal. Precious metals are also recovered by flotation, generally in association with another sulphide mineral."

Jan 1, 1989

By Tiziana Apuani

The study refers to an area of about 70 km2, extended in the Italian Central Alps along the the San Giacomo Valley where different civil and mining works are present The regional geological setting is related to the Pennidic Nappe arrangement, characterized by the emplacement of sub-horizontal gneissic bodies resulting from the Mesoalpine isoclinalic folding of crystalline basements, emplaced throw East, and separated by matasedimentary cover units. The investigated geological rocks, belong to the ?Tambò?Unit, overlapped by its meta-sedimentary cover and by the ?Suretta? Unit. The tectonic contact gently dips to the E?NE. The valley, furrowed by the Liro Torrent, follows a N?S striking tectonic lineament, almost parallel to the nappe contact. A number of more then 70 sites, distributed in the studied area, were chosen and detailed structural and geomechanical field surveys were performed to characterize the rock masses, its intact rock and discontinuities. The procedure identifies the number of joint sets, their representative orientation, the set spacing, the type of movement, the amount of dilatation, the degree of alteration, the roughness coefficient, the presence and nature of infill. Rock mass quality indexes, such as the Rock Mass Rating (Bieniawski, 1989) or the Geological Strength Index (Hoek et al. 2002) have been evaluated in each surveyed site. The work is a contribute in assessing how the geometrical and geomechanical properties of the rock masses can be regarded as regionalized variables. The spatial distribution of these properties is a function of the geological and structural phenomena at which the rock masses have been subjected. The presented geostatistical analysis regards the spatial variation of the orientation of the most representative joint set.

May 1, 2009

By K. G. Chipman

IN 1936, the Department of Mines and Resources was formed by the amalgamation of the former Departments of Mines, Interior, Indian Affairs, and Immigration. In the amalgamation, the Geological Survey and the Topographical Survey became the major divisions of the Bureau of Geology and Topography, which is a part of the Mines and Geology Branch which, in turn, is a part of the Department of Mines and Resources. The Topographical Survey was formed by combining the former Topographical Division of the Geological Survey and the air and ground mapping sections of the former Topographical and Air Survey Bureau of the Department of the Interior. The latter organization, previous to 1933, had been known as the Topographical Surveys Branch of the Department of the Interior. The amalgamation of 1936 definitely placed on the Topographical Survey the responsibility for the original mapping required for the development of our natural resources. The war has brought upon us the situation where all work has had to be in the furtherance of the war effort. With decreased staff and limited appropriations, the mapping on those scales which are directly concerned with the natural resources has been confined to the search for oil and strategic minerals. The reconstruction period will produce a different situation, with different problems. The past is behind us and it is necessary to prepare for the future. First, we should consider briefly a few general principles in the making and using of maps, then take stock of what we have, see what the needs are, and consider how we are to meet these needs.

Jan 1, 1944

By M. Kerr, Petra Lampinen, Jinming Zhang, Petra Brodin, C. Hull, Nils-Johan Bolin, R. Asmatulu

"According to Darcy’s equation, the rate of dewatering varies as inverse square of the surface area of the particles to be dewatered and is proportional to the pressure drop across a filter cake. Thus, the difficulty in dewatering fine mineral concentrates can be overcome by using high-pressure filters. When treating ultrafine particles, however, it is often necessary to further dewater the filter cake using a thermal dryer. In the present work, novel dewatering aids that can reduce the pressure requirement have been developed. The reagents are designed to reduce surface tension, increase particle hydrophobicity and increase capillary radius, all at the same time. They were tested for dewatering mineral and coal concentrates in both laboratory and pilot-scale tests. The results show that the use of the novel dewatering aids can substantially reduce cake moistures and, at the same time, increase throughput. In this communication, the case history of using the reagents commercially at the Garpenberg concentrator is given. The use of the novel dewatering aids allowed the operators to use a vacuum filter to obtain desired cake moistures and obviate the need to use a thermal dryer.INTRODUCTIONDewatering is an integral part of mineral and coal processing operations, as it is necessary to remove water from concentrates (or clean coal) to minimize shipping costs, meet contract specifications, and recycle the process water. In general, the cost of dewatering increases with decreasing particle size, which can be attributed to the difficulty in removing the water trapped in the pores (or capillaries) formed between the particles constituting a filter cake.The various parameters affecting the process of dewatering, including the effect of particle size, can be understood in view of Darcy’s equation (Darcy, 1856):"

Jan 1, 2005

By John A. Herbst, Xiangjun Qiu

"Prediction of wear on a microscale level in mineral processing equipment turns out to be a challenging undertaking. This is particularly true for cases in which the objective is to use such predictions for wear parts design. The key to obtaining such predictions has turned out to be the use of physics based models along with phenomenological constitutive equations. In this paper, two components of the HFS tool set, one for particles (DEM) and one for slurry (MPF), are used for modeling. These tools are applied to the simulation of wear of SAG/AG shell lifters/plates and wear in slurry pumps. In each case wear predictions are validated with plant measurements.INTRODUCTIONHigh Fidelity Simulation (HFS) has emerged as an important tool set for mineral processing plant equipment design and optimization (Herbst and Potapov, 2003; Herbst and Nordell, 2002; Herbst and Lichter, 2006). This tool set consists of Discrete Element Modeling (DEM) of particle motion, Multi-Phase Flow (MPF) for liquid motion, discrete grain breakage (DGB) for particle fragmentation and discrete grain liberation (DGL) for mineral liberation (Campbell, Potapov and Tsuji, 1997; Ferzinger and Peric, 1997; Potapov and Campbell, 1996; Herbst and Potapov, 2005).Three sample snapshots of basic HFS illustrating the use of each of the various types of mineral processing equipment are shown below.Figure 1 shows a snapshot of a DEM simulation of ball charge motion in a commercial scale Vertimill. DEM simulation involves simultaneous solution of Newton’s Laws of Motion for 400,000 balls."

Jan 1, 2007

By Selwyn G. Blaylock

There is no more important problem today than industrial relationship, and probably none that is receiving more thought. But in these days of Epie and Utopia, one has to be rather careful in speaking on this subject. Consequently, for fear that my plea for taking the working man into the family might be misconstrued, by some, as a step towards communism or socialism, I would like to say at the outset that I believe that, so long as we have human individualism, human ambitions, human hopes and fears, straight socialism is as far off as the Millennium. The same applies to communism, which only differs from socialism in that the communist realizes that his ideals can only be attained by massacring millions and destroying all that we hold sacred. Each still looks to Russia for inspiration and guidance, totally disregarding the Soviet swing-back to individual contract work and differential wage scales. They seem to be oblivious of the tyranny and repression in the present Russian system, and get very restless when reminded of it. In spite of the fact that the standard of living in civilized countries has improved tremendously and is still improving, we find that, every seven or eight years, production in many lines has outstripped consumption, and we have had panics or depressions of greater or less magnitude, accompanied by extensive unemployment. It is evident to every thinking person that there must be no little inefficiency in the control of industry. For four long years, governments and industrialists have striven to find the key to solve the present problem. Many countries are getting back to a position approaching normal-Canada probably more so than most. None, however, can feel assured that they have actually cured the situation. All kinds of schemes have been developed; tariff barriers have sprung up over-night where none existed before; currencies have been inflated to gain added security in the home markets and to try to gain advantage in export trade; and each country watches the movements of the others with fear and mistrust. I am not prepared to formulate a full solution of our troubles, but I hope to be able to demonstrate the feasibility and wisdom of the type of industrial relationship I advocate, and also that it may be a large, and possibly an essential, step towards the solution of our difficulties.

Jan 1, 1935