duoed no changes in "whs cost, but that coos not have t o "be 

 added all "ilia tiiae. 



-vr . 

 j. . 



In our of forts to lieep in touch with our organisa- 

 tion, it is soiaotiraos hare, for us to 13 op in close touch 

 wi'yh nodorn developments. Can you recommend to us "books or 

 anything ire can get a hold of thc;j '/ill holp us to keep us 

 in touch \7ith those things? 



T'hero is a little offioiency maoe>2ine that is as 

 gooo. &s anjrchinr, 1 . I cLo not Icnon of any "bool: "becauso the^ c.ro 

 nearly alvrays ona-sicled. Thors is a perfect flcod of "boolis, 

 I have a temptation to do ono myself. The thing is that we 

 sucLcenly ^VQ a name to coiiotliiii tliat o.ic not have a name 

 "before anC. v; o have also, imdor the pressure of liifi^ 1 cost of 



living and hic;h cost of production, come to Imow the nocos- 



i 



."ity for cost account in;.. That io all it is producing- Our 

 method develops as competition "becomes keener and the ne^cs- 

 sit3 r for cos'J accounting ^ecoiaos inoro arac. more obvious. Our / 

 tremendously fortile country and resoui-cos Iiave enaoled us tc 

 get alon^ thus far without any accurato system of checking, 

 burl* we are reaching to a decree i-i theso resources and now 

 we have to become more intensive rather than o:.tensivo in 

 our methods. I can. iot say that I can roccrarriQiid any boo!':d to 

 you - most of these are jnst little schemes, little plans. 

 That old volume of horse senso never written but always be- 



ing published is the beLt thing that I know of. 

 ^cL:'ioumiaent . 



