While vast sums are spent annually upon 

 industrial research in these laboratories, 

 I can say with authority that they return 

 to the industries each year improvements in 

 the art which, taken all together, have a 

 value many times greater than the total 

 cost of their production. Money expended 

 in properly directed industrial research, 

 conducted on scientific principles, is sure 

 to bring to the industries a most generous 

 return. 



While many concerns in America now 

 have well organized industrial research 

 laboratories, particularly those engaged in 

 metallurgy and dependent upon chemical 

 processes, the manufacturers of our coun- 

 try as a whole have not yet learned of the 

 benefits of industrial scientific research and 

 how to avail themselves of it. 



I consider that it is the high duty of our 

 institute and of every member composing- 

 it, and that a similar duty rests upon all 

 other engineering and scientific bodies in 

 America, to impress upon the manufac- 

 turers of the United States the wonderful 

 possibilities of economies in their processes, 

 and improvements in their products which 

 are opened up by the discoveries in science. 

 The way to realize these possibilities i 

 through the medium of industrial research 

 conducted in accordance with scientific- 

 principles. Once it is made clear to our 

 manufacturers that industrial research 

 pays, they will be sure to call to their aid 

 men of scientific training to investigate 

 their technical problems and to improve 

 their processes. Those who are the first 

 to avail themselves of the benefits of indus- 

 trial research will obtain such a lead over 



