Established 1885 · Reestablished 2026
American Protective Tariff League

Library · AISA

The Iron Age 1926-08-05: Vol 118 Iss 6

1926 Reed Business Information US

Read in full

Hosted at the Internet Archive · Open on archive.org

Opening Pages

THE IRON ACE New York, August 5, 1926 STABLISHED 1855 These Three Magnesite Bricks Are Worth One Dollar. If a workman saves one, he Saves 33!/sc. Locock, assistant director of the Federated Brit- ish Industries, after an exhaustive study of Amer- ican manufacturing methods, reported among other pertinent observations that “American industry is faced today with increased capital values and the necessity of earning a return on them, but the producer has been unable to raise his prices because if he did so he could not sell his product.” That brings us hard against one of the greatest problems with which industrial managers are faced today—thrift. Stimulated and perfected by American engineering ingenuity, American production has startled the world. It is the industrial lesson of the ages. The outcome is that with such tremendous output there has come a definite limit to the price the producer can get. Yet capital must enjoy a fair return. Workers must re- ceive a fair wage. The wheels of industry must be kept moving. What is the answer? Cu F. VERNON WILLEY, president, and Guy wor manager American Rolling Mill Co., Middletown, Ohio. AONAMASNPMANLE NS HUAALURNNATLD HUNELSNDUDDAcERTEEUO…

Citation

The Iron Age 1926-08-05: Vol 118 Iss 6. Reed Business Information US. 1926.