The Reserves Of Iron Ore For The United States (3e7b4bc7-41b3-4852-81d1-56db2a4cd096)

EXTENDED discussions, by inviting attention to problems affecting the conservation of natural resources, have encouraged investigations as to their sufficiency, with the general result that the more thorough the examination, the less cause appears for anxiety as to the exhaustion or serious depletion of these resources. The extent of industrial development, the large plants and the enormous volumes of materials required, when compared with conditions a few decades ago, are sufficiently startling to enlist the attention of those who "fear .the pace," and yet in but few instances has real solicitude for the future. been warranted by a knowledge of true conditions. In a former communication, presented 5 years ago,1 I endeavored to emphasize the fact that true conservation represented the best utilization of reserves and not the locking up of resources for future use; a conviction which has become more pronounced as the subject was investigated. Prophecies of the, early exhaustion of mineral resources have raised the question as to our permanent reliance upon these, and encouraged inquiries which have in most cases developed reassuring conditions. But the fact that the future appears less dark than prognosticated cannot excuse wastefulness or improvidence; and detailed study which demonstrates an apparent abundance of natural resources should encourage their best application. In making inventories of resources one is liable to confine conclusions as to availability upon present circumstances and conditions in the past, or to formulate data for the future upon methods which are rapidly being displaced. In reserves which are not reproductive, such as minerals, the possibilities of exhausting the supply are startling if estimates assume that future extensions will follow methods which were less economical than those now employed, or to he used, and we dare not claim that the limit of advanced practice has been attained.