A survey of the British iron and steel industry 1913 to 1929 and 1930—31
✍ Scribed by Bone, William A.
- Publisher
- Wiley (John Wiley & Sons)
- Year
- 1932
- Weight
- 522 KB
- Volume
- 51
- Category
- Article
- ISSN
- 0368-4075
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✦ Synopsis
STIIOI,UC1'IOS
I n vicw of blic piirlo1ls state of tlic iron ant1 steel intlustry, nnd of tlic iiiiportnncc of .l'nrliiiiiient iiiid the pul)lic ge1Icriilly I)eiiig fiilly inforiiictl as to tlic Imic fncts nnd circuinstiiiiccs of thc cnsc, in wlint follows I linve cnilenvourcd to direct nttcrition to coiiili:irntivc dntn for tlic ycnis 1!)13 nud 1029. rcspcctivcly, in which our British stccl protluctioii rciichcd ii niiisiiiium h j o r e and nfier tlic w r , ns \vcll ns for thc I ' slunip " period, 1930-31.
Tn np1iro:icliing the question it is nccessiiry to look fncts in the fiicc wit,liout prcjudicc, iintl to tlistiiigiiisli bctwccn such ns reflect iiicvitiil)lc cliiiiigcs which cnniiot 1~ rc~crscd a d t,liosc wliicli iirc ii~icilliiry i i i i d iiiiic~iiil)lc to cont,rol niid iidjust,iiiciit, if thought ntlvisiiblc. Bccnusc, howcvcr linril wc iiiiglit try, it would IIC usclcss fighting iigiiust iiilicrcnt iriiil growing iiiituriil disiidvnntngcs, rind tlic ut iiiost we ctiii do is to iicliipt our policy ns wcll ns possible to c1iiiligiilg conditions. I'crlinps 110 11iorc iiiislcntliiig vicw of tlic position could be foiiiid than wiis csprcsscd in tlic cditoriiil art iclc of thc Obsrrccr for Dcccnibcr ti liist, which slid : I' Down to R tinic within living iiiciiiory . . . wc iiintlc ant1 csportctl nciirly ns much iron i l l i d stccl iis 1111 otlicr nntioiis put togctlicr. Our Iiiitllrill facilities for coiiipet itirc pro(1uctioii arc unriviillcd . . . l'liiit, the Uiiitctl Stntcs sliould risc in oiir stciitl to the world's Iciidcnliip in iron iiiid steel wns iiicviti~I)lc, owing to tlic viist dcinnnd, continent-wise, for rloiiicstic produetioil. Thnt C:cniiiiiiy, ns fiir Iiiick iis thirty yenrs or iiiorc, should Iiovc cscccdcd tlit: h i t isli niiikc of iron iirid stccl \vns by 110 lw.mns SO iiicvitiililc. I t \viis tlic result of powcrful orgiiniziitioii witliiii tlic C:criiinii tnrilr which crciitctl 11 Iiciivy production for Iioinc-supply niid export, Ihit that 13rit:iiii slinultl tiikc fourth pliicc RS iiow in tlic world's list, iiiitl riiiik aftcr l h i c c as n producer of iron iind stcel-tliis is thc glnriiig result of ' frcc iniports without frcc triiiic.' " Tlic truth is tlint tlic cliniigcs so indiciitcd Iinvc incvitiibly rcsiiltctl from iititurnl ciiuscs coinbinetl with hii~iieii invcntion niid post-wiir territolinl cliniigcs, quitc indcpcndcntly of niiy fisciil coiitlitioiis, i~iitl t liiit no cliiinge in oiir fhciil Iiolicy ciiii or will llrcvciit tlic niiturtil course of cvcnt,s.
In 1850 tlic totiil production of pig-iron tlirougliout the world ~v i i s less tliiiii 5 iiiillioii toils ; iiiid up to 1870, whcn it ivns still only t t * 8 iiiillioii toils, Grciit Uritnin proilucctl linlf of it. 15vcn (luring tlic period 1 8 7 1 4 5 tlic I3rit,isli prnport.ioii wiis still 43.5yo. Tlicii ciiiiic such itii csl)ii~ision of totnl out-put, consequent ulioii t,lic riipitl supcrccssioii of puddled iron by J3essciiicr
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