Show Solid Waste Recycling Unlike conventional waste recycling is for the most part a nonpolluting It involves such procedures as the extraction of reusable materials old the conversion of garbage and sludge into and the breaking down of wastes RECYCLING is expected to become a major industry during the coming The cost of getting rid of solid waste-including recycling will rise from the current level of billion to more than billion by according to a private Expenditures for plant and equipment alone are slated to advance from million to over million by the market could about double in the ten-year IT was estimated that last year 46 percent of solid wastes billion tons are produced annually in the U. was disposed of by open 16 percent by and 38 percent by landfill or dumping in the Burning solid wastes is alleged to add some 11 million tons of pollutants to the atmosphere every Land dumping can create a further health hazard by contaminating ground water used for as well as by breeding rats and other UPPERMOST problem in areas is the growing scarcity of landfill There the ever-increasing cost of conventional methods-open and about 75 percent of the refuse-burning incinerators maintained by the cities have no pollution while 94 percent of the country's landfill areas have been declared unsanitary by the U. S. Health ALTHOUGH the bulk of solid waste is accounted for by agriculture and the major problem is that created by and manufacturing The public disposes of some million tons of rubbish each while industry contributes around million tons one half of which is These figures break down to approximately pounds of and scrap generated by the average American per FIFTY years ago an individual threw away a little less than 3 pounds a By the per capita disposal is expected to reach 8 It is obvious that federal participation in waste control is urgently The Solid Waste Disposal Act of 1965 was enacted by Congress when the waste problem outgrew local SO funding has been Only million was appropriated between fiscal 1966 and Early use of the funds was for the collection of data on for development of recycling technologies by industry and But recycling technology is still in the development and and local legislation is still a long-range Once both public and private co-operation is it is our opinion that recycling offers the greatest promise for restoring the balance to our SEVERAL large companies such as and Litton Industries are involved to some degree in this emerging new and smaller companies have been formed to deal exclusively with the recycling Some of these are American Hoist and Browning Peabody Neptune and Rollins AFTER reviewing the available investment the Research Staff of Babson's Reports believe that further technological progress is necessary before some of these firms become attractive for long-range the alert investor j will watch developments in A these companies as recycling M increases in jl |