Some Problems of Today

- Organization:
- The American Institute of Mining, Metallurgical, and Petroleum Engineers
- Pages:
- 1
- File Size:
- 113 KB
- Publication Date:
- Jan 1, 1929
Abstract
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' 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.
Citation
APA:
(1929) Some Problems of TodayMLA: Some Problems of Today. The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1929.