Increased Cost Of Running The Institute

The American Institute of Mining, Metallurgical, and Petroleum Engineers
Organization:
The American Institute of Mining, Metallurgical, and Petroleum Engineers
Pages:
1
File Size:
58 KB
Publication Date:
Jan 12, 1919

Abstract

Owing to circumstances which are entirely unavoidable, the cost of rendering to Institute Members the services which they have been ac-customed to expect from the Institute has increased enormously, especi-ally during the past year. The cost of printing has increased 20 per cent. and another 30 per cent. is expected. There is no recourse; the Institute must pay this or cease publishing. The increase for supplies and office force will be very great. Justice to our employees, whose cost for living expenses has risen by leaps and bounds, demands an increase in. wages, wholly aside from the fact that the employees need not and will not stay. The Institute is, therefore, faced with the alternative of greatly re-ducing its service to the members or else of asking from them a small increase in clues. An amendment to the Constitution has been offered by the members increasing the clues to $15 per year, which cannot become effective until 1921. This still leaves us as the engineering society with the lowest annual clues, except only one, whose dues are $15 per year. To help meet the immediate emergency, the Directors have exercised the authority vested in them by the Constitution and By-Laws and requested the members to pay $3.00 for the Transactions to be issued during the year 1920, which is very much less than the cost of publication. It is the opinion of the Board that the members will prefer to pay this slightly additional expense rather than to have the Institute take a backward step in respect to the services which it is rendering, and which has been increasing constantly in amount, as well as in unit cost, during the past seven or eight years.
Citation

APA:  (1919)  Increased Cost Of Running The Institute

MLA: Increased Cost Of Running The Institute. The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1919.

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