| Show T I A s Little Talk on Thrift J By S. S W. W STRAUS President American Society for Thrift Notwithstanding our J rapid progress in the realms of science research h and Invention we are still lagging behind in the United States in some phases phasE's of thrift Certain forms torms o of waste wa-ste permeate nearly every v ry branch bs-anoh of our business activity In the field of of production and distribution in which we surpass El all all other nations of the world there is a tragic amount of ot waste One estimate for tor example places laCes our annual waste of coal at tons of water at horsepower Of elf all at alt barrels barres of lumber at cubic feet Our depa department of commerce estimates that the annual wa waste te in transportation equals for lor which it is sold said the shipper Is largely sible These are Indeed penalties to pa pay They involve many difficult problems but we cannot give too much consideration to this tM uneconomic situation There must mum be a full awakening of public coni consciousness con con- i ss to the need of eradicating this gigantic aste A-aste In Industry There are numerous evidences however of pro II e es and all efforts along this line should meet with hearty public approval and support It was encouraging to pote note that at a recent meeting p pf the thc American Ic n Society of Mechanical Engineers 1 It was brought out that various bodies of experts are arc working vard tb glaring forms of Industrial wal waste e and lost loci moll motion n Credit for the great greatest st strides Ii Is given to the engineering profession Railway officials are said to hold hoM second position In thi moVement The elec else electrical Indu Industries are third the automotive industries fourth and the construction and building trades fifth The federal government plan of simplified practice practice tice has also alEo been of valuable assistance |