Pen-hsi-hu Coal and Iron Co., South Manchuria, China ? Discussion

THE CHAIRMAN (EDWIN LUDLOW, Lansford; Pa.).-Mr. Wang's paper reminded me that some years ago I was asked if I would not go into the Tien Tsin district and take charge of Americanizing a Chinese mine. They said the trouble was that, while wages were only 9 c. a day, the coke cost $2 a ton delivered to the cars. Reading Mr: Wang's paper would indicate the need of a little Americanization in the Manchurian field. Wages are only 40 c: a day, yet the cost is $3.60 a ton. An efficiency engineer would have an excellent opportunity in that field. T. T. READ, New York, N. Y.-It is always true that low-priced labor is inefficient, wherever we find it; for example, in Japan, where wages are low, but not so low as in Manchuria, working costs are not relatively much lower than ours. Mr. Padshah, describing his experience in India, once told me that, while wages were only about one-fifth as high