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Last September, when I was asked to prepare this paper, I was told the subject was "mining," a broad subject indeed! Rather than choose one of the many important technical and economic details which characterize mining today, I turned to a subject which fas- cinates me: mining's image. If we are to survive and prosper into the twenty-first century, and if industry and society are to continue enjoying the material benefits which flow from mining, we must address the melancholy fact that the general public at best does not understand mining, and at worst does not believe it is needed or deserves to continue. While my point of view is largely that of an American mining executive, I would hasten to point out that Homestake has participated in Australian mining for over three decades, and our subsidiary, Homestake Gold of Australia Limited, is now a major producer in this "lucky country." Does society need a viable minerals and metals industry? The answer is obviously "yes," so the challenge is to change some minds: not just those of the amorphous "public," but on a focussed basis targeting journalists, educators, TV commentators, politicians and opinion makers of all stripes (I thought of using "rifle shot" instead of focussed but thought that might be misconstrued). Along the way we miners must also look deeply into ourselves, our attitudes towards the society in which we function, and our willing- ness to change as well as to seek change in others. How did we become such bad guys? More than a century ago mining was not just accepted, it was even romanticised. In America, we had altered the time-honored concept of "Crown" lands into public lands made easily available to settlers pushing back the frontier. Miners even preceded the farmers and stockmen in what was perceived as nation-building, although by the 1890s there was a growing interest in conservation, especially the protection and management of forests and national parks. Even though emphasis was shifting toward government stewardship and away from trans- fer of public lands to private ownership, homesteading and mining were clearly recognised as valid uses requiring not just access, but security of tenure. Indeed, conservation as it was then understood implied management of the public domain as well as its protection. Initially this was no great problem to the U.S. mining industry, but as the nation grew and competing land uses became more important, conflicts began to appear, first over water rights and later over air quality and destructive mining practices. But these were local disputes rather than national issues, and two World Wars, the Great Depression and post-war reconstruction lulled our industry into thinking that nothing had really changed. After the storm began to break in the 1960s, the mining industry found itself confronted by a growing maze of complex and costly laws and regulations. It took us longer than it should have to realise that, in facing this challenge, we seemed to have lost the understanding and support of many of our legislators and a majority of the general public. For over 20 years now, since the first Earth Day in 1970, the U.S. Mining

Jan 1, 1991

By Diana Drinkwater, Tim Napier-Munn

"This paper argues that, although specialist mineral engineering expertise is essential for the efficient design and operation of mineral processing plants, the environment in which these skills are supplied to the industry has changed forever, and not for the better. Most of the mineral engineering programmes in western universities have died or are dying. The long-service mine site mentors have gone, operations are run on a staffing shoestring so that there is no longer the time (or inclination) for considered decision-making, and the FIFO model has discouraged continuity of optimisation projects and communication between professionals. At the same time the technical challenges of designing and operating effective process plants are increasing. These trends are not going to be reversed any time soon, if ever. The ability to run efficient mineral processing operations has been materially compromised as a consequence. We propose that well-designed professional development can help to recover this situation, and it can be done easily and cheaply. The workplace is the best environment for such skills development. Professional development training should be integrated with normal duties throughout the early years of a graduate’s service (and probably beyond), and the cost should be regarded as non-discretionary expenditure for the business. If such programmes are properly resourced and managed and extended over longer time periods, there will be a measureable rise in the level of technical understanding and competence within companies and a resulting beneficial impact on resource utilisation and thus shareholder value. The paper outlines some of the approaches that we believe will work, and the benefits that we expect will accrue."

Jan 1, 2014

By J. Quinteros-Riquelme

Despite increasing demand, the supply of silver is limited by its inadequate recovery from ores. Due to its scarcity in nature, its high ore variability and complex mineralogy of current silver deposits, its recovery by mineral froth flotation presents a real challenge for process engineers. A silver ore often contains significant amounts of five to ten different silver minerals and knowledge of the mineralogy is a necessary precursor to flotation testing. In this work, a complex silver ore was treated by using batch laboratory flotation, in an effort to find the best experimental conditions to obtain the optimal silver recovery. Mineralogical characterization of feed samples was conducted using a combination of tools, namely the mineral liberation analyzer (MLA) and inductively-coupled plasma mass spectrometry (LA-ICP-MS), which indicated that most of the silver occurred as ?invisible? silver in pyrite. The pyrite assay of the ore was approximately 4%. The ore was processed in two flotation stages. The first stage, sulphide flotation, aimed to collect a sulphide mineral rich concentrate; then a non-sulphide flotation stage was performed by adding sodium sulphide and collectors to the remaining material in the cell, with the objective of obtaining a pyrite rich concentrate. To reach the target recovery of silver from this ore, various variables were altered. In the first stage: mixed collectors, activators, dispersants, and mainstream inert grinding were assessed. In the second stage, the conditions for sulphidization and subsequent flotation were both investigated. From the grade recovery curves for silver and sulphur it was possible to observe a similar metallurgical behavior for both elements, supporting the results given by the mineralogical characterization. Keywords: silver oxide, froth flotation, sulphidization, mig

Sep 1, 2012

By M. K. LeBegue

Water sprays located behind the bits of cutter drums have been shown to reduce the incidence of face ignitions. This paper details the design approach to successfully incorporating water seals into a drum miner cutter head.

Jan 1, 1999

By Orica

Unlicking the Possibilities ISEE Digital Detonator Workshop New Orleans, LA Wednesday, February 4, 2004

Jan 1, 2004

This is an audience, I know, that shares my interest in a subject that is currently getting a lot of attention -the tendency of our Nation to draw increasingly on overseas supplies of certain mineral commodities, and proportionately less on domestic sources for these minerals. That we do obtain substantial quantities of some essential minerals from abroad is easy to demonstrate. That we will continue to do so in the foreseeable future is not in doubt. Uncertainty begins, however, when we try to interpret the significance of these facts. As with many phenomena, their meaning is open to a variety of interpretations.

Jan 1, 1980

By F. E. Brinckman, G. J. Olson, D. Johnsonbaugh, T. K. Trout

"Microbiological metal recovery is an emerging technology likely to play an increasing role in commercial ore leaching, metal removal from process and waste streams, and perhaps ultimately in processing to yield metal products in specified forms or oxidation states. We are studying the potential for using microorganisms for the recovery of elements important to emerging materials technologies and for which domestic supplies are limited and/or low grade. Examples to be discussed include the bioaccumulation of yttrium and gallium. These elements are important in the production of new superconductor and semiconductor materials. However, limited domestic reserves and technologies for their recovery may cause supply problems. Microbiological processes may offer new techniques for recovery of these and other strategic elements.IntroductionMicroorganisms in ore leachingMicroorganisms assist in the commercial leaching of copper and uranium from low grade ores (1,2) and recently have been shown to have immediate commercial potential for the pretreatment of refractory gold ores to increase the gold-cyanide recovery yield (3). Copper bioleaching is the best known example of biotechnology applied to metal recovery. Copper can be recovered by commercial leaching of huge piles or dumps of low grade sulfidic ores and waste materials, which are not otherwise processable. Microbial activity in the leach dump environment oxidizes metal sulfides to soluble metal sulfates:"

Jan 1, 1988

By AIME AIME

MICA is perhaps our No. 1. strategic mineral problem because of its large requirements in a variety of equipment for use in the military services, and because the principal source of this material has heretofore been British India, a source now threatened partly because of distance and lack of ships. [Block mica and bauxite were added to the "most critical" list published by the W.P.B. on Nov. 6.] No satisfactory substitute has yet been found for most of the uses of mica, which largely involve electrical insulation. Brazil is now our nearest and best major source of this material. No splitting plants have yet been established there but in 1941 we imported about a million pounds of block mica from that country and in 1942 that quantity will be considerably exceeded. In Brazil, mica is found almost exclusively in the pegmatite dikes along the mountain range bordering the eastern part of Minas Gerais. A belt, roughly 180 miles long by 100 miles wide, extends from Theophilo Ottoni to Carangolo. The principal mica-mining districts in this belt are the Governador Valladares area to the north and the Espera Feliz district to the south. The dikes are usually 10 to 50 meters wide and a mile or two long and intrude the old metamorphic schist formation. They are weathered and easily mined.

Jan 1, 1942

By A. R. T. Denues

"INTRODUCTION The orienting phases of the current investigation of cushioned blasting in the Explosives Division of the Bureau of Mines were indicated in a previous publication (5) 3/. Pertinent literature reviewed therein indicated a highly controversial field. This emphasized the need for experimental studies of many factors that affect the health and safety of miners and the efficiency of mining operations. Results of some orienting tests showed marked effects on practical hazards. Further, they emphasized the necessity and importance of the contemplated investigation. The scope and general plan of these practical inquiries into the safety of cushioned blasting were indicated.This investigation of cushioned blasting relates to the various means employed to reduce the intensity of application of energy from explosive actions in boreholes. It has been suggested (from p. 19 of reference that the divisions of this work would correspond to the salient hazards affected by cushioned blasting. These include the ignition hazard, hazards from poisonous gases, and other practical hazards in the blasting technique. The ignition hazard was resolved into two components of approximately equal weight. These include studies of effects upon (1) the incendivity of blown-out shots and upon (2) the occurrence of such shots. Experimental studies of effects on the incendivity of blown-out shots were first undertaken. Questions of the best procedure for making these evaluations have been adduced, and the interpre-tation and utilization of the results of gallery testing seemed to require detailed attention; some preliminary general considerations of such testing were therefore necessary."

Jan 1, 1943

By Binxu Zhaug, Mark Jolly, Xiaojun Dai

"In conventional investment casting process of aluminium alloys for the application of the aerospace industry, to assure the quality of the final casting, usually the foundry uses large runner system which results in low yield, high energy consumption and high GHGs emission. In one case of this investigation, the yield is between 5 ~ 10% which means that the current casting process wastes large amount of energy and generates lots of scraps. By applying a new casting method, the bulky runner system and the melting/holding time are significantly reduced, the quality of the casting is improved, and in the meantime the related energy consumption and GHGs emission are significantly decreased. In the investigation, the energy efficiencies and GHGs emission between the current and traditional processes are calculated and compared.1. IntroductionAs one of the conventional casting process, Investment Casting Process (ICP) and its applications can be traced to thousand years ago [l]. In current casting industry, ICP still plays an important role in the production of small and precious castings with high quality requirements in automobile and aerospace industries. Both casting quality and manufacturing costs which mainly consist of energy costs have crucial effects on the competitiveness of castings in the market. In the production of aluminium alloy castings using ICP, the energy cost and energy efficiency of a casting facility depend mainly on the efficiency of its melting and heat treating performance. In association with the two performances, more than 60 % of the total process energy costs are symbolised in a typical casting facility [2]. Additionally, in conventional ICP of aluminium alloys for the application of the aerospace, to assure the quality of the final casting, typically the foundry uses huge runner system including big risers/feeders which cause low yield, creates lots of scraps and generates high energy consumption. Consequently, there are huge opportunities for casting industry to choose the best practices for potential energy saving. Furthermore, the reasons such as the stringent limitation of environmental legislation in Europe and the pressure of the rising energy price force the casting industry to reduce the energy consumption and greenhouse gases (GHGs) em1ss10n."

Jan 1, 2012

By Bure R

Approximately 2.4 million ounces of gold and 11.3 million ounces of silver have been produced from the Umuna Lode by Misima Mines Pty Limited between June 1989 and the end of Decemeber 1996. Reserves remaining at the end of December were 32.1 million tonnes at 1.0 gram per tonne gold and 9.7 grams per tonne silver. To attain precious metal production of this volume, an estimated K60,000,000 (1996 Kina) was spent on exploration alone. from the 1940s to the present day. Exploration expenditure for the 1996 calendar year was approximately K4,400,000. With such a large investment in exploration, large quantities of data were generated and stored in various forms. To make best use of this data, it was necessary to organise and systematically store this data in a form compatible with a modern Geographical Information System (GIS). The Umuna Lode on Misima Island is a low sulphidation gold- silver deposit dated at 3.5 ¦ 0.2 Ma. The deposit is controlled by the 50 to 100 metre wide Umuna Fault- a moderate dipping, brecciated clay- chlorite- carbonate altered, normal fault zone. There is approximately 230 metres of mostly dip slip offset on this fault, which is measurable by the offset of the Cretaceous schist, marble and greenstone host sequence. Late Miocene microdiorite spatially related to the Umuna Lode does not appear to be genetically related to the gold- silver mineralisation. GIS was introduced to Misima at the end of 1995 and until recently has been mostly used for data storage and retrieval, the over- laying of various data sets to assist in targeting prospective areas, and as a drafting tool. The use of data-driven, predictive data analysis is the most recent effort in maximising the use of the extensive Misima database. By characterising the key controls and properties of the Umuna- type mineralisation, a Weights of Evidence, data-driven analysis produced a prospectivity map of Misima Island. The purpose of this map was to identify prospective areas yet to be explored and to assess the effectiveness of exploration to date.

Jan 1, 1997

By D. Hinton, M. McCawley, R. C. Lantz, F. Pisano, C. Stanley

"INTRODUCTION Aerosols (5 um have not been shown to be consistently generated and characterized in inhalation chambers. Particle deposition in the lungs however may occur with particles as large as 25 um(1). Therefore, in order to closely simulate the atmosphere of an underground coal mine where the distribution is bimodal, with modes at S and 15 um (2), particles much greater than <1 um must be characterized for uniform mixing and size distribution within these chambers. The Hazelton Animal Exposure Chamber has been chosen because it has been best characterized for smaller particles (<1 um) (3), and is the major type used by most inhalation toxicology institutes such as Lovelace Inhalation Toxicology Institute and Battelle Northwest Laboratory.BACKGROUNDPreviously published studies on the inhalation of solid aerosols have attempted to characterize the distrition of particles of <2 um in diameter. There are no published reports of extensive work characterizing either the size distribution of particles <1 um or the concentration throughout the exposure chamber (Table 1).Table 1 shows the variability and sizes of several aerosols <1 um in diameter used in five previous chamber studies.Discussion of Previous StudiesThe study done by Bauermash, Bryan, Dickinson, and Burke (4)stated two major concerns in the development of the 6.5 ft. diameter chamber. The first was that a quantity of animals could be exposed to the same concentration regardless of the location of the animal, and second was that the chamber could be easily cleaned and decontaminated. The solution to the first concern required a circular chamber with the contamination air entering the chamber somewhere along the central axis. The animals could then be changed during exposure time so that each animal was exposed throughout the total volume."

Jun 1, 1988

By I. A. Agapov, I. S. Anisimov, N. V. Rylov, A. M. Sagitova

"The smelter slags represented silicate crystalline rock with medium to coarse-grained structure with spinifex skeletal network of olivine in hedenbergite matrix. Accessory magnetite, pyrrhotite and copper sulfides chalcopyrite, bornite, covellite, chalcocite and digenite occurred in dissemination in silicate matrix. The sample was studied by optical and electron microscopy with support of quantitative XRD. Modal mineralogical composition included olivine, pyroxene, magnetite, chalcopyrite, quartz, pyrrhotite. Copper deportment showed copper distributed in chalcopyrite (40 %), cuprite (22 %), covellite (21 %), bornite, chalcocite, digenite (5 %), Cu-bearing pyrrhotite (4 %) and spinel (2%). Liberation of copper minerals in the material ground to P80=71 µm was good with over 90 % sulfides in free grains and floatable binaries. The results showed theoretical possibility of 65 % copper recovery by flotation. Conclusion based on mineralogical data was precisely confirmed with flotation tests studies that proved to recover around 60 % of copper to commercial grade concentrate. INTRODUCTION Annual world copper matte smelter slags production is estimated to be millions of tones and contain thousands tones of unrecovered Cu, Zn and significant amounts of Ag and Au. Mineralogical study of one large processing sample of material of historical piles of Cu matte smelter slag was carried out to find possibility to recover copper and define theoretical recovery by flotation. The study of the slag material was aimed to determine possibility of upgrading the material on existing copper flotation plant to develop additional mineral resources. The objectives for mineralogical investigation were to target for best liberation fineness, determine theoretical recovery and possible concentrate quality for sulfide flotation tests. MATERIALS AND METHODS Large representative processing sample was collected by mixing of 120 t of slag material representatively excavated from historical piles of Cu matte smelter slag. The sample was used to define the processing technology to recover copper and gold from the material."

Jan 1, 2018

By Peter Ay, Vincenz Mehlstaubl, Satyanarayana Narra

"This study gives an insight into non-destructive testing methods suitable for porosity analysis at a small scale, firstly summarizing relevant state-of-the-art technology and pending patents, secondly realizing and documenting the start-up of the VHX-2000 digital microscope by the manufacturer Keyence and thirdly demonstrating practical application with the extended analysis of three fundamentally different agglomerates for which important application-related parameters are determined. Various analysis procedures on the different agglomerates the efficient and timesaving operational features of the digital microscope are outlined. Firstly an analysis of flax fibre agglomerates determines the process conditions best suited to produce agglomerates with specific properties by determining sphericity, cubicity, density and porosity as well as fibre damage and alteration. Secondly the production of iron-hydroxide - hemp-fibre agglomerates serves to obtain information on porosity values as a result of a cauterization of the fibres. The third analysis provides estimations of porosity values for acid-treated lignin agglomerates. Measurements were carried out with compact dry agglomerates and with soaked, expanded agglomerates, determining factors for total water carrying capacity. Practicability of non-destructive testing by digital microscopy is demonstrated and explained concerning the applications in this study by obtaining definite structural findings about the analysed agglomerates. Information on its operation is made available by a practice-oriented manual for the VHX-2000 digital microscope. Further suggestions for more in-detail analysis results with different instruments are given."

Jan 1, 2014

By Troy Boisjoli

Since its discovery in February 2014, the Arrow Uranium Deposit has undergone rapid development through aggressive and systematic drilling programs and is now being progressed through advanced engineering and permitting. Based on the 2018 NI 43-101 Technical Report, the Probable Mineral Reserve estimate totals 234.1 million (“M”) pounds (“lbs”) triuranium octoxide (“U3O8”), contained in 3.43 M tonnes at an average grade of 3.09% U3O8. The proposed processing plant at the Rook I Project (the “Project”) will be capable of producing up to 31 M lbs of U3O8 per year, with a projected mine life of nine years based on the Probable Mineral Reserve estimate, although NexGen is permitting a 24-year operating life at the Project assuming the majority of Inferred Mineral Resources are upgraded to Indicated Mineral Resources with continued mineral resource development drilling. The Project will be developed through transverse and longitudinal longhole mining methods, pairing primary and secondary stoping techniques with a high degree of equipment mechanization which will provide a combination of good productivity, high extraction, and stable back support. This next generation of uranium operations combines the use of advanced tele-remote equipment and instrumentation with a low-cost bulk mining method and a best-in-class tailings management practice, effectively reducing operating costs and setting a new standard for elite environmental and social practices.

Jan 1, 2020

By Cang Daqiang, Li Yu, Liu Xiaoming, Zong Yanbin

"Utilization of high-quality heat in melting slag is a great challenge for iron and steel industry. In the paper, a new method is put forward to concurrently utilize heat and slag by converting the melting slag directly into high valued materials, slag glass-ceramic. A glassceramic with a higher basicity of 0.7 than traditional basicity of 0.45 was prepared from steelmaking slag in order to utilize more hot melting slag. Effects of Alz03 on its crystallization processes were researched by XRF, DTA, XRD and SEM. Results show that Alz03 in glassceramic would have great effected on its property. When the Alz03 content ranges within 12%-15%, glass-ceramics with basicity of0.7 could reach the best performances. The change of dominant phase in glass ceramics from akermanite and wollastonite to akermanite and gehlenite would significantly degrade its mechanical property. An increase of Al2O3 content leads to a rise of the viscosity and crystallization activation energy of the glass, while results in increasing sintering temperature and crystallization temperature of glass, which contributed to its fully crystallization and densification process.IntroductionSteel slag is a by-product under a process of converting iron to steel at above 1600°C, and 0.1-0.15 ton molten steel slag would be discharged for producing per ton of steel in the process. The discharged steel slag at 1600°C has heat of 68 kgce/t. In 2012, China's steel output reached 716 million tons, and produces about 100 million tons of steel slag and 68,000 tee of heat in it [1,2]. But at present, utilization of both slag and its heat at 1600°C is a great challenge for iron and steel industry.Dry granulation of melting steel slag by air and then recovering the heat of the hot air are a traditional technology which have not yet been put into practice for very low heat conductivity of the slag and low efficient of heat exchange among the different processes [3,4]. Therefore, a new method for high efficient utilization of both steel slag and its high temperature sensible heat is put forward [5,6], which is on-line reducing and extracting iron from molten steel slag and then directly preparing glass-ceramic by use of the residual molten slag."

Jan 1, 2014

By R. A. (Dick) McIvor

"It is important to ensure that the basic mine hoist plant design fundamentals are incorporated into any new mine hoist plant project before detailed design engineering is commenced. Some of the basic design fundamentals to be considered are: hoist rope fleet and flight angles for good hoist rope coiling, hoist rope harmonic frequency study to ensure that the hoist rope does not run at full speed at a rope resonance frequency, head frame and shaft clearance diagrams to establish the optimum positions for the loading and dumping of the shaft conveyances, access in the head frame and shaft collar for hoist rope and shaft conveyance installation and removal. Failure to consider the hoist plant fundamentals before detailed engineering commences will result in extra costs for hoist plant redesign or a significant increase in operating and maintenance costs for the mine due to increased hoist plant downtime to perform tasks and a lower mine operating efficiency. INTRODUCTION The mine hoisting plant is the most critical single line component in the operation of a shaft sinking operation or a permanent installation. Bad decisions in the design and selection of the hoist plant equipment can significantly add to the operating costs and up-time in the operation of the mine. Mine hoisting plant equipment installed costs represent approximately 5 to 8 percent of the capital cost of a new mine, yet price sometimes becomes the deciding factor for procuring the hoist plant components, sometimes selecting used equipment that may compromise the design and maintainability of the mine hoist plant. Mine downtime can cost upwards of $100,000 per hour and it will not take a very long time to eat up all the so-called savings on hoist plant equipment purchases. This paper will provide guidelines for the design, selection, installation and maintenance of mine hoist plant equipment with the objective to having the right mine hoist plant with the highest operational availability and best maintainability. PRELIMINARY DESIGN INFORMATION Before any engineering commences, the following information needs to be obtained to allow the preliminary sizing of the hoist plant equipment: • Shaft depth: The shaft depth will influence the hoist rope selection based on the material and personnel loads anticipated for the mine design. The shaft depth will also influence the maximum speed of the shaft conveyances. • Annual production: The desired annual production will influence the required payload sizing with allowances for maintenance and inspections of the hoist plant equipment."

Jan 1, 2019

By J. Sehata, J. Tshilongo, I. Govender, S. Pikinini, T. L. Moodley, M. Raedani

In the face of dwindling Merensky ore reserves in the early 1990s, Mintek developed the MF2 flotation circuit to economically recover platinum group metals from the shallow upper group-2 chromitite reef. By aligning the primary and secondary grind to the platinum group metal liberation kinetics, excessive fine chromite generation was avoided, and thus one could consistently produce high-grade concentrates (>200 g/t platinum group metals) with low chrome content (<3% Cr2O₃), well within smelter tolerances. This, coupled with upper group- 2's low-cost open-pit mining, made it particularly attractive to investors and mining houses alike. As a result, deeper lying reefs like middle group and lower group with lower platinum group metals grades and complex mineralogy, were primarily mined only for chromite using density-based separation processes (like spirals), of which the waste tailings are best classified as secondary platinum group metals resources. Today, with global platinum group metal demand rising and high grade upper ground-2 reserves rapidly diminishing, the industry must revisit these middle group and lower group tailings. Mineralogical analysis reveals several challenges: Middle group tailings feature platinum group metals locked within silicate matrices, while lower group tailings contain fine chromitite fragments, and are hosted within non-floating laurite grains, each presenting liberation and gangue issues. Smelter constraints still demand concentrates below 3% Cr₂O₃, requiring solutions that consider both platinum group metals recovery and chrome entrainment. To develop a solution, two lower group chrome spiral tailings samples were obtained from a large chrome mine: Sample A (+425 μm – 106 μm) and Sample B (−106 μm). Initial assays showed Sample B contained higher platinum group metal grades but also higher Cr₂O₃. As such, different blends of flotation feeds were evaluated using ratios of 90:10 (C1) and 80:20 (C2) of Sample A to Sample B, targeting the coarse fraction's lower chrome content while recovering valuable platinum group metals from the fines. This work proposes a practical route for mining houses to unlock additional platinum group metal value from lower group ore spiral tailings. By optimising blending ratios and reagent suites, it is possible to meet smelter chrome and platinum group metal grade thresholds, whilst still obtaining economically viable PGM recoveries.

Mar 6, 2026

By Thomas A. Edison

We have not yet begun. to realize the possibilities of automatic machinery, in part because we have not developed the designing brains, and in part because we have not sufficiently simplified industry to make possible the economical use of such machinery. The principle of the Jacquard loom, has scarcely been utilized except in weaving silk and in the player piano. It is the principle of bringing into action the various parts of a machine in accordance with a pattern traced on a steel card by perforations or as on the paper roll of a player piano. This principle gives us a control which can be applied to any kind of machine. It is a&apos; great reserve principle for the future. But even now, with the machinery that we have at command, anyone can cut the number of employees in two, at the same time doubling his output, by installing semi-automatic or automatic machinery. And no one knows how far this process can go on. Cutting down the number of men is not just putting some poor fellows out of a job. It is increasing the number of good jobs by increasing the production per capita to a point where really satisfactory wages can be paid out of it, and this in turn- increases the amount of work required to be done and creates new jobs. Thus, cheapening in- creases the demand.

Jan 1, 1929

Jan 1, 1947