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By Neville J. Price

In order that the reader may not be misled, I feel it necessary to comment upon the title of this paper. "Laws of Rock Behavior," one may take as being part of the all-embracing "Law of Nature" and this, according to the Oxford Dictionary, relates to the principles of conduct recognized as being pleasing to God. I feel it would be presumptuous to erect a code of rock behavior on this basis, so turn to a secondary definition, namely that a "Law" is that which is intrinsically reasonable. It is extremely unlikely that any group of geologists, or workers in rock mechanics would be in complete agreement about what could be taken to be "intrinsically reasonable." Therefore, this paper does not present any deified utterances, but rather deals with a few aspects of rock behavior which I consider to be intrinsically reasonable and with which I hope the reader will concur. The mode of behavior of rocks in the Earth's crust covers the range from wholly brittle to completely ductile ; with a deformation time scale which may be measured in milliseconds, for some events such as meteoritic impact, or in millions of years for the tectonic deformation involved in mountain building. A complete survey is, of course, outside the scope of an introductory paper, so I must be both brief and selective in my treatment. Any attempt to establish the mode of rock behavior in the Earth's crust should take into account data and relationships established in laboratory experiments and correlate these with field evidence. Consequently, the first section of this paper presents a brief discussion of the experimental aspects of rock mechanics which are pertinent to the subsequent discussion.

Jan 1, 1970

Adams, John H., Pres. & Mgr., Alabama Lime & Stone Corpn., 1302-4-8 First Ave., Birmingham, Ala. '14 Adams, L. W., Otis Steel Co., Riverside Plant Cleveland, Ohio. '15 Adams, Leland D., Min. Engr., Mgr., Signal Mines Co., Goldbanks Quicksilver Co., 485 California St., San Francisco, Cal. '14 Adams, R. L., Min. Engr., Old Ben Coal Corpn., Mine 12 Christopher, III. `19 Adams, Robert M., Robert M. Adams Co 1201 Fidelity Bldg., Duluth, Minn. '20

Jan 1, 1925

By Herbert Clark Hoover, Lou Henry Hoover

SINCE the Sixth Book has described the iron tools, the vessels and the machines used in mink, this Book will describe the methods of assaying1 ores; because it is desirable to first test them in order that the material mined may be advantageously smelted, or that the dross may be purged away and the metal made pure. Although writers have mentioned such tests, yet none of them have set down the directions for performing them, wherefore it is no wonder that those who come later have written nothing on the subject. By tests of this kind miners can determine with certainty whether ores contain any metal in them or not ; or if it has already been indicated that the ore contains one or more metals, the tests show whether it is much or little ; the miners also ascertain by such tests the method by which the metal can be separated from that part of the ore devoid of it ; and further, by these tests, they determine that part in which there is much metal from that part in which there is little. Unless these tests have been carefully applied before the metals are melted out, the ore cannot be smelted without great loss to the owners, for the parts which do not easily melt in the fire carry the metals off with them or consume them. In the last case, they pass off with the fumes ; in the other case they are mixed with the slag and furnace accretions, and in such event the owners lose the labour which they have spent in preparing the furnaces and the crucibles, and further, it is necessary for them to incur fresh expenditure for fluxes and other things. Metals, when they have been melted out, are usually assayed in order that we may ascertain what pro- portion of silver is in a centumpondium of copper or lead, or what quantity of gold is in one libra of silver ; and, on the other hand, what proportion of copper or lead is contained in a centumpondium of silver, or what quantity of silver is contained in one libra of gold. And from this we can calculate whether it will be worth while to separate the precious metals from the base metals, or not. Further, a test of this kind shows whether coins are good or are debased ; and readily detects silver, if the coiners have mixed more than is lawful with the gold ; or copper, if the coiners have alloyed with the gold or silver more of it than is allowable. I will explain all these methods with the utmost care that I can.

Jan 1, 1950

By AIME AIME

LOCAL COMMITTEES. GENERAL RECEPTION COMMITTEE.-Mr. and Mrs. H. S. Chamberlain, Mr. and Mrs. J. T. Lupton, Mr. and Mrs. T. H Lasley, Mr. and Mrs. R. S. Faxon, Mr. and Mrs. H. Clay Evans, Mr. and Mrs. C. E. James, Mr. and Mrs. B. F. Thomas, Air. and Mrs. H. S. Probasco, Mr. and Mrs. W. M. Lasley, Mr. and Mrs. L. W. Llewellyn, Mr. and Airs. T. G. Montague, Mr. and Mrs. E. B. Thomasson, Mr. and Mrs. C. F. Milburn, Mr. and Mrs. C. A. Raht, Mr. and Mrs. C. C. Notting¬ham, Mr. and Airs. Z. C. Patten, Mr. and Mrs. Willard Warner, Mr. and Mrs. S. R. Read, Mr. and Mrs. Carl White, Mr. and Mrs. M. M. Allison, Air. and Mrs. C. E. Buck, Mr. and Airs. H. F. Temple, Air. and Mrs. M. M. Hedges, Mr. and Airs. X. Wheeler, Mr. and Airs. John A. Patten, Air. and Airs. N. T. Montague, Mr. and Mrs. R. H. Williams, Mr. and Mrs. T. R. Preston, Mr. and Airs. Morrow Chamberlain, Mr. and Airs. T. C. Thompson, Mr. and Airs. T. L. Montague, Mr. and Mrs. O. L. Hurlbut, Air. and Mrs. C. A. Lyerly, Mr. and Mrs. Garnett Andrews, Air. and Mrs. M. B. Ochs, Mr. and Airs. Webster James, Mr. and Mrs. D. P. Montague, Mr. and Mrs. Z. C. Patten, Jr., Mr. and Mrs. W. A. Sadd, Mr. and Mrs. J. B. Pound, Air. and Mrs. George D. Lancaster, Air. and Airs. J. F. Johnston, Mr. and Mrs. R. W. Barr, Air. acrd Mrs. W. B. Davis, Mr. and Airs. Douglas Baxter, Air. and Mrs. W. R. Crabtree, Mr. and Mrs. Lewis M. Coleman, Mr. and Mrs. Newell Sanders, Mr. and Mrs. E. Y. Chapin, Mr. and Mrs. W: B. Riddell,. Mr. and Mrs. J. B. Frazier, Mr. and Mrs. John A. Moon, Mr. and Mrs. C. D. Mitchell, Dr. and Airs. J. H. Race, Mr. and Airs. A. W. Chambliss, Mr. and Mrs. J. P. Smartt, Mr. and Mrs. J. F. Tarwater, Mr. and Mrs. L. D. Drewry, Capt. and Mrs. A. B. Putnam, Mrs. Minnie C. Ewing, Mr. G. F. Meehan, Mr. Sam S. Gerstle, Mr. P. A. Brawner, Mr. C. M. Preston, Air. George M. Guild, Mr. L. M. Mansfield, Dr. J. W. Johnson, Dr. J. AI. Hogshead. EXECUTIVE COMMITTEE.-H. S. Chamberlain, Chairman; H. S. Probasco, C. M. Preston, H. Clay Evans, J. T. Lupton, M. B. Ochs, C. C. Nottingham, Al. Al. Alli¬son, R. S. Faxon, C. E. James, C. A. Raht. EXCURSION TO CHICKAMAUGA PARK.-T. C. Thompson, Chairman; B. F. Thomas, G. F. Meehan, Morrow Chamberlain, W. J. Bass, J. K. McGoodwin. EXCURSION TO HALES BAR LOCK AND DAM.-R. H. Williams, Chairman; John A. Patten, Newell Sanders, George M. Guild, Capt. A. B. Putnam. EXCURSION TO ROCK-WOOD.-F. H. Clymer, Chairman; T. L. Brown, T. A. Wright, J. P. Tarwater, T. L. Peterman. INSTITUTE HEADQUARTERS.-The Hotel Patten. THE first session, held Thursday evening, Oct. 1, in the Banquet Hall of the Hotel Patten, was called to order by Capt. H. S. Chamberlain, Chairman of the Local Committee, who, in behalf of the city of Chattanooga, extended a hearty welcome to the members and guests of the Institute.

Nov 1, 1908

By Philip B. Bucky

CONTENTS [PACEPACE r. What Is a Rock Burst?2 4. How Can Rock Bursts Be Predicted? . 35 Jack Spalding2Jack Spalding35 A. F. Robertson 2, 5A. F. Robertson35 W. R. Crane 2A. B. Yates and P. J. Shenon. . . . 35 G. S. Rice 2W. R. Crane 35 P. J. Shenon 2G. S. Rice 35 L. C. Graton 2B. F. Tillson 36 2. What Are the Causes of Rock Bursts? 6 5. How Can Rock Bursts Be Controlled?. 36 Jack Spalding6Jack Spalding36 A. B. Yates and P. J. Shenon . 7, 12, 29A. F. Robertson 36 A. F. Robertson 12, 28W. R. Crane37 W. R. Crane 15A. B. Yates and P. J. Shenon. . . . 37 G. S. Rice 15Oscar Weiss38 Oscar Weiss15G. S. Rice37, 42 P. B. Bucky21R. D. Hoffman42, 43 P. H. Bird 21, 26, 28R. D. Hall 42 M. K. Hubbert26R. H. Cromwell42 G. Wheeler 26. J. Shenon 42 B. F. Tillson26, 28P. B. Bucky42, 44 T. T. Read 27B. F. Tillson 42, 44 A. B. Yates 43, 44 3. How Can Rock Bursts Be Prevented? . 30P. H. Bird 43 Jack Spalding. . . . • . • • • • . 306. General Discussion . A. B. Yates and P. J. Shenon. . . . 31Jack Spalding44 A. F. Robertson32R. D. Parker49 W. R. Crane 35C. Baring Horwood 51 G. S. Rice 35P. B. Bucky 52] FOREWORD THIS symposium brings together points of view, experiences and ideas on rock bursts from a goodly portion of the globe. Some conceptions, particularly those regarding the necessity of depth, have been fairly well shattered, as we find that they are present in the water tunnels of New York, on the surface at marble quarries in Vermont, and in the coal mines of the United States, as well as in the deep mines of the South African and Kolar gold fields, and in the nickel, copper and gold mines of Canada. Their occurrence under such a variety of conditions is, therefore, a challenge,

Jan 1, 1942

Jan 1, 1929

By L. E. Porter

The demand for crude oil on the Pacific Coast during the year 1945. was so acute that the California crude supply had to be augmented by tank-car imports from the Texas and Rocky Mountain fields. Crude imports reached a high of 64,800 bbl. per day during June, with a total of 14,259,000 bbl. imported during the first 11 .months. The U. S. Navy also implemented the crude output from California pools by drilling and completing approximately 300 wells in the Naval Petroleum Reserve No. 1 (Elk Hills), from which an established production of 65,000. bbl. per day was reached in late February and maintained until Aug. 17, 1945, when it was reduced to its preprogram level of 15,000 bbl. per day. Even with the conclusion of the Pacific war on V-J day (Aug. 14), the military petroleum product requirements have permitted little material reduction in output of California crude to prewar rates. During the year, a total of 327-760,000 bbl. of crude was produced, or 19 per cent of the total crude production within the United States during the same period, as compared with 310,996,000 bbl. or 18.4 per cent of the nation's crude production in 1944.

Jan 1, 1946

By AIME AIME

The first session, held Tuesday evening, February 23, in North Sheffield Hall, was called to order by Louis V. Pirsson, Chairman of the Local Committee, who introduced Prof. Russell H. Chittenden, Dean of the Sheffield Scientific School of Yale University. Professor Chittenden, in behalf of the Governing Board, felicitated the Institute on its visit to New Haven, and cordially welcomed the members and guests to the University and the city. Dr. James Douglas, who presided at the meeting, responded in behalf of the Institute. The Secretary announced that, upon the proposal of many members, the unanimous report of the Committee on Membership, and .the unanimous recommendation of the Council, the following members had been unanimously elected by the Board of Directors Honorary Members in the American Institute of Mining Engineers Prof. Richard Beck, of Freiberg, Saxony, in recognition of his distinguished service to technical literature, and the cordial

Apr 1, 1909

By A. M. Beebee

IN the present century the coal and manufactured gas industries have been eclipsed in public interest by oil, natural gas, and hydro- electric energy, which have had the benefit of rapid development and novelty. I sometimes wish that our social- order were such that hydro power had been developed first, that the use of gas from coal had never been seriously considered, and that our domestic energy requirements were supplied by other fuels. Sup- pose the manufacture of gas from coal should then come on the scene at the present time with the current plight of the railroads, coal regions, and labor generally, presenting the fact that it could increase the amount of coal mined and shipped by the railroads by some 16,000,000 tons, and increase the coal used at existing u plants five times. Imagine the great public interest that would be manifested; it would supply the cooking and water-heating requirements of a community with a superior character of service at a cost to the customer approximately half that which had obtained previously. Would not such a situation be heralded as the salvation of our country and all help be given it?

Jan 1, 1940

By K. A. Grange, W. S. Holt, E. T. Tkac

Quantitative knowledge of the time clement involved in austenite transformation in a particular steel provides a sound basis for understanding and planning heat-treatment. Such knowledge is conveniently obtained by measurement of austenite transformation as it occurs at each of a series of temperature levels. The results of these measurements usually are summarized in the form of the now familiar isothermal transformation diagram (I-T diagram, TTT diagram, or S-curve). Although a considerable number of such diagrams already have appeared in the literature, there remain many compositions of commercial importance for which no I-T diagram is available. The diagram for many such steels may be predicted from published data with sufficient accuracy for most practical purposes, but for others no satisfactory prediction can be made because the effect on austenite transformation of one or more of the important alloying elements present is not well enough known. Such a steel is Nitralloy, Type 13s-Modified, which, containing about 1.25 per cent aluminum, differs from any whose I-T diagram has been published. This paper presents results of a study of the isothermal transformation behavior of a sample from a commercial heat of this aluminum-chromium-molybdenum steel, together with pertinent supplementary data including the equilibrium transformation temperatures (Aeaand Ae,), the temperature range of martensite formation, and the end-quench harden-ability. These data are directly applicable to the hcat-treatment of this type of steel and are of interest in revealing some of the fundamental effects of aluminum as an alloying element in steel. Material All specimens were prepared from a 1 1/4 i-in. diam bar forged from a 5 by 5-in. billet from a commercial heat made in an electric arc furnace. The composition of the bar was; C, 0.41 per cent: AIn, 0.57: P, 0.016: S, 0.005: Si, 0.24: Ni, 0.17: Cr, I.j7: Mo, 0.36: All 1.26. The forged bar was normalized from r750°F (95s°C) and then tempered for one hour at rzoo°F (650°C), this tempering treatment having been given to facilitate the machining of specimens. Equilibrium Transformation Temperatures In hypoeutectoid steel the minimum temperature at which austenite is completely stable, Aep, and the maximum temperature at which austenite is completely unstable, Ael, are of great significance in heat-treatment. Since these temperatures are dependent upon com-

Jan 1, 1948

By W. S. Holt, K. A. Grange, E. T. Tkac

Quantitative knowledge of the time clement involved in austenite transformation in a particular steel provides a sound basis for understanding and planning heat-treatment. Such knowledge is conveniently obtained by measurement of austenite transformation as it occurs at each of a series of temperature levels. The results of these measurements usually are summarized in the form of the now familiar isothermal transformation diagram (I-T diagram, TTT diagram, or S-curve). Although a considerable number of such diagrams already have appeared in the literature, there remain many compositions of commercial importance for which no I-T diagram is available. The diagram for many such steels may be predicted from published data with sufficient accuracy for most practical purposes, but for others no satisfactory prediction can be made because the effect on austenite transformation of one or more of the important alloying elements present is not well enough known. Such a steel is Nitralloy, Type 13s-Modified, which, containing about 1.25 per cent aluminum, differs from any whose I-T diagram has been published. This paper presents results of a study of the isothermal transformation behavior of a sample from a commercial heat of this aluminum-chromium-molybdenum steel, together with pertinent supplementary data including the equilibrium transformation temperatures (Aeaand Ae,), the temperature range of martensite formation, and the end-quench harden-ability. These data are directly applicable to the hcat-treatment of this type of steel and are of interest in revealing some of the fundamental effects of aluminum as an alloying element in steel. Material All specimens were prepared from a 1 1/4 i-in. diam bar forged from a 5 by 5-in. billet from a commercial heat made in an electric arc furnace. The composition of the bar was; C, 0.41 per cent: AIn, 0.57: P, 0.016: S, 0.005: Si, 0.24: Ni, 0.17: Cr, I.j7: Mo, 0.36: All 1.26. The forged bar was normalized from r750°F (95s°C) and then tempered for one hour at rzoo°F (650°C), this tempering treatment having been given to facilitate the machining of specimens. Equilibrium Transformation Temperatures In hypoeutectoid steel the minimum temperature at which austenite is completely stable, Aep, and the maximum temperature at which austenite is completely unstable, Ael, are of great significance in heat-treatment. Since these temperatures are dependent upon com-

Jan 1, 1948

By HARRINCTON EMERSON

UNEMPLOYMENT is the most ominous shadow ahead of the industrial nations today. Only two great industrial countries are free from unemployment, France and the Soviet Commonwealth. In France the social unit is the family, not the individual. This has saved France. In the Soviet Commonwealth, development is proceeding so rapidly from agricultural to industrial that there is still a dearth of muscle workers in the non-agricultural enterprises. In the other industrial countries unemployment results both from acute temporary recession in industrial activities and from the rapidly increasing substitution of the machine for the man. Temporary recessions can be mitigated, alleviated by makeshifts, often ill considered. Secular recessions due to a fundamental change in the way of accomplishing physical, chemical results cannot be cured by any makeshift. There must be a period of transition. There is therefore before us the three- fold problem, immediate, prosimate and ultimate.

Jan 1, 1930

By Donald H. McLaughlin

ALTHOUGH Cerro de Pasco was well known since the early sixteen hundreds as one of the major silver districts of the Andes, its development on a modern scale did not occur until the first decade of the present century when a syndicate organized by James B. Haggin initiated the enterprise that eventually grew into the complex and widespread operations of the Cerro de Pasco Copper Corporation. Options on a few claims in Cerro de Pasco that had been brought to New York in 1900 came to the attention of A. W. McCune, a mining man from Salt Lake City, who took them to Haggin and soon succeeded in interesting that creative mining financier in the possibilities of the district. James MacFarlane, an engineer well known to both Haggin and McCune, was sent to Peru early in 1901 to make the initial examinations which promptly led to acquisition of a substantial group of claims in the heart of the mineralized area. A syndicate to which Haggin turned over his rights was organized on Feb. 26, 1902 to provide the necessary funds. The original members were J. B. Haggin, who retained a 34 per cent interest, Edward H. Clark (for Mrs. Phoebe Hearst, the widow of Haggin's old associate, George Hearst), H. McK. Twombly, H. C. Frick, D. O. Mills, and J.P. Morgan.

Jan 1, 1945

By Linn M. Farish

SOVIET RUSSIA reserves must be stupendous. In 1937 I. M. Goubkin placed the reserves of all categories it approximately 48 billion barren which was about twenty billion horn Is in excel:, of all the oil produced in the world since 1857. It is not unlikely in fact it is probable, that these huge stores of petroleum may ultimately be proven to exist within the present boundaries of the U.S.S.R. The size of the country is almost beyond imagination it is 2.7 times as big as the United States. Great sedimentary basins exist in all its different geological provinces, much of which are entirely untested and barely prospected. Oil in commercial quantities is actually produced from formations in every period from the Devonian to the Pleistocene. In the Emba region alone, 300 salt domes are known with an estimate of 700 still to be found. Only 22 of the 300 have been drilled and all showed oil. Of the 22 domes drilled six are now producing. There are 400 mapped structures reported in Azerbaijan

Jan 1, 1940

By Royal Preston Jarvis

minerals of different specific gravities. It is simple in construction, easily operated, capable of treating large quantities in a short time, and highly efficient under various conditions. The question, whether the material to be jigged has first been sized, determines the two principal methods of jigging. Jigging preceded by close sizing, generally known as the Continental or German system, involves a more or less elaborate series of screens or trommels, with attendant cost for installation, operation, and repairs. Jigging without sizing, known as the English system, is, according to Munroe,1 a development of the hand-jigging formerly employed in Cornwall . and introduced by English miners to this country." In its simplest form, the method consists in jigging an ore-mixture previously crushed to some maximum size (although, in some cases, even this preliminary is omitted) oil a relatively coarse sieve, and then jigging again on a filler sieve, the material passing through the first sieve and bedding. While many modifications have been necessary to adapt it for use in mills of large capacity, where hand-work was necessarily, replaced by machines, the principle remains the same; the fact that the English system has been successfully employed, both in this country and abroad, is well known; and arguments have been made for its efficiency and applicability in a wider sphere than it has occupied hitherto. II. REVIEW OF PREVIOUS INVESTIGATIONS. The fact that treating a mixture of minerals under jigging conditions increased the amount of mineral saved, or, as Professor Richards aptly terms it, 1 ?the extra jig-catch," has long been known. To account for this fact a number of theories have been proposed. The work of Rittinger2 in this field has, for many years, been a classic in the literature of ore-dressing. For the purposes of my present paper, however, the work of two American investigators, Prof. H. S. Munroe and Prof. R. H. Richards, is chiefly concerned. Professor Munroe has given the results of an elaborate series of experiments,3 and his deductions, based largely oil theoretical grounds, of this work. After reviewing briefly the two systems of jigging, followed by a discussion of Rittinger's formulas and

Sep 1, 1908

By R. V. Norris

The great coal strike of 1902, which confined the work at the Short Mountain colliery of the Lykens Valley Coal Com pany almost exclusively to pumping, gave an opportunity to determine with considerable accuracy the cost of pumping the water from these very old, extensive and wet mines. This colliery, which is located in the extreme southwestern end of the anthracite coal-field, has been operated continuously since 1836, and has shipped 7,747,313 tons of coal. This and the Williamstown colliery are the only operations in Dauphin county. The workings cover about 5 miles along the North dip of the extreme westerly end of the basin, with the operating slopes near the center. They extend around the westerly spoon of the basin and back about 31/4 miles easterly on the South dip. The mines are very deep, the present workings ex tending to 711 ft. below sea-level, and about 1600 ft. below the lowest surface-opening. The coal is hoisted principally from the Short Mountain slope, which is 1550 ft. long, with 26 to 68 degrees dip, and from an inside slope, No. 4, 800 ft. long, with 52 to 72 degrees dip. The ordinary capacity of the colliery is about 1000 tons per day, and the average output for the years 1897 to 1901, in clusive, was 297,000 tons per year. The seams worked are the lowest Red Ash measures, being, respectively, Nos. I, II and III of the coal-bed series, but locally called the " Little Lykens," " Lykens," and " Whites." On the accompanying plan the Lykens seam is shown in full and the Whites in dotted lines. The pumping-plant is divided into four lifts, the pumps being located as shown in the section, Fig. 1, and the plan, Fig. 2.

Jan 1, 1904

By Paul Sterling

1. INTRODUCTION. THE general impression regarding the preparation of merchantable anthracite is that it is confined to a colossal, grimy structure, called a "coal-breaker." This name is misnomer; for the desired result is not to break the coal, but to prevent its being broken. Preparation may be said to begin at the face of the chamber, with the mining and loading of the coal. Local conditions vary, not only in the same field or basin, but also in the same mine, so that there is no fixed empirical rule governing the method of blasting or cutting coal. Tests should be made, when possible, to determine the explosive, or the mechanical coal-cutter, which will produce the largest percentage of what are locally known as " lump " and " prepared sizes " of anthracite. The prepared sizes are those mostly consumed for domestic purposes. All other sizes might be called by-products of the anthracite industry; for they are not especially desirable, being the degradation resulting from the mining and handling of a brittle or laminated material. Being low in volatile combustible matter, anthracite burns most successfully when nearly of a uniform size, permitting the easy passage of air through the voids. This accounts for the large number of sizes into which the coal is separated. Table I. gives the various sizes, the diameter of ring over and through which each size is made, and the usual purpose for which it is employed.

Oct 1, 1911

Jan 1, 1963

Since the comprehensive review of the Persian fields presented by Sir John Cadman last year, operations have proceeded normally. No developments of especial importance fall to be recorded and it remains only to bring up to date the full information given at the beginning of 1933. Controlled production from the Masjid-i-Sulaiman and Haft Kel fields has been maintained at slightly higher rates than during 1932. The figures for the past five years are as follows: These represent crude oil and products piped to the coast but exclude products reinjected into the reservoir, a process that has been in continuous operation at Masjid-i-Sulaiman during the period under review. The systematic delimitation of the Haft Kel field has been continued during the past year and results have been sufficiently encouraging to justify the inception of a wider scheme for distribution of production. Drilling has been resumed recently in the Persian sector of the Naft Khaneh field, and preliminary survey work is in progress for the selection of a site for a refinery at Kermanshah arid the construction of a connecting pipe line. Investigations in connection with the scientific control of reservoir were dealt with in considerable detail in last year's review. This work has been steadily pursued during 1933 and certain of the investigations have been the subject of papers presented to the World Petroleum Congress held in London in July of last year.

Jan 1, 1934

By TSUYEE PEI

I FEEL greatly honored and appreciate this opportunity to be able to say a few words about that rather perplexing subject, silver. The constant decline in the price of this metal has now reached the stage where it is of much concern and the cause of serious discussion among the leading financiers, economists, and statesmen of the world. Further- more, it is significant that this subject is so important that almost every day one can read articles pertaining to it in the newspapers and trade publications. Being essentially a banker, and not an economist, I do not claim to be an authority on the silver question. These remarks are merely some of my observations in, regard to the many puzzles which-I came across in my recent studies of this very important question.

Jan 1, 1931