Mineral Reserves and Wastage

THE Secretary of Commerce is to be urged to as-sume leadership in assembling data as to produc-tion and consumption of minerals and metals, and studies of their importance in trade, as a result of the joint conference of the Institute and the Mining and Metallurgical Society of America, held on Tuesday afternoon, Feb. 15. With no set program and no especial effort to promote interest 120 members of the two soci-eties assembled and for two hours discussed in the most informal and frank manner the whole situation. George Otis Smith acted as chairman, Clinton H. Crane, who was to have served in that capacity, having been called abroad unexpectedly. Major Taylor for the Army and Capt. R. E. Bakenhus for, the Navy paid high tribute to the value of the reports already made by the committees of the two societies and pointed out the need of addi-tional data and of constant review of the figures, as a measure of national defense. J. E. Spurr, R. C. Allen, W. O. Hotchkiss, Fred Hellmann, W. Spencer Hutchin-son, P. N. Moore, A. C. Lane, E. E. Ellis, and others discussed various phases of the subject, reviewed what had so far been done, what was now in progress, what had been planned for the future, and the necessary limitations of the work. A. W. G. Wilson related the experience of the Canadian Government in this field, emphasized the importance of studies of the rate of consumption, and brought up the special case of the waste of the sulfur in sulfide ores with correspondingly increased demand on raw sulfur supplies. Mr. Lane pointed out that conservation, to be soundly based, must recognize the necessity of the present value of the ex-pected future returns exceeding the cost of the conserva-tion. Mr. Ellis called attention to the remarkably rapid change in technology and other factors that made predic-tions for more than a very short period extremely risky. Mr. Hotchkiss noted the large part of modern industry that is fundamentally dependent on minerals. Studies made by him indicated that even in a furniture manu-facturing center, such as Grand Rapids ids with its large consumption of wood, the metal and mineral industries constituted 60 per cent of the industrial life. For Michi-gan as a whole 55 per cent of the capital used in all in-dustries was employed in the mining and the metal in-dustries. This, he said, was little recognized because the buyer of alloys and metals was so far from the pro-ducer of raw materials, .but the ultimate supply of the latter was evidently of fundamental importance to the whole people. Mr. Spurr held that the more knowledge as to these matters the better. Mr. Hellmann felt that in the especial case of copper, wastage was less impor-tant than markets and economical routing of metal to them. Mr. Hutchinson classified minerals into three groups: (a) those, such as gold, that are used with very little loss; (b) those, such as coal, as are entirely consumed in use; and (c) the intermediate group. The problem, he thought, was necessarily different for the minerals of each group. Mr. Manning proposed definite-ly that since it was manifestly a great national problem, the Department of Commerce be asked to assume leader-ship here and to devote the necessary funds and staff to keeping up such a perpetual inventory of mineral resources as would best serve the public needs, both for war and peace. Both George Otis Smith and Scott Turner agreed that this was probably already within the authority of the Department but Mr. Turner told of the difficulty in obtaining sufficient funds for the work. Recognizing that the job was large enough to require the help of both public and private interests and the desire of the two societies to be helpful to the maximum extent, the Chair was asked to appoint a committee from the meeting to present to the Council of the Society and the Board of Directors of the Insti-tute a definite plan for further work. P. N. Moore, Van H. Manning, J. E. Spurr, R. C. Allen, R. H. Richards and W. S. Hutchinson were appointed and drew up the following plan for, consideration