Mastering power production ; the industrial, economic and social problems involved and their solution . :~ From 500 on horizontal cost scale at level of 0 draw a line parallel to line joining 100,000 onvolume scale to 200 on pressure scale .The vertical distance above 0of the intersection on vertical axis will be one unit en scale for plotting K*; Cost y>cqle ;-<- TOPRESSURESCALE J^. TO VOLUMESCALE H ?mO}K8 40,000 60,000 £ Volume Scale 8 Km<0 TOCOSTSCALE 80,000 100,000 K7tK8S2K9-Pf (Cost of Construction of ang 5/je afang Working Pressure from Nine Constants i? */


Mastering power production ; the industrial, economic and social problems involved and their solution . :~ From 500 on horizontal cost scale at level of 0 draw a line parallel to line joining 100,000 onvolume scale to 200 on pressure scale .The vertical distance above 0of the intersection on vertical axis will be one unit en scale for plotting K*; Cost y>cqle ;-<- TOPRESSURESCALE J^. TO VOLUMESCALE H ?mO}K8 40,000 60,000 £ Volume Scale 8 Km<0 TOCOSTSCALE 80,000 100,000 K7tK8S2K9-Pf (Cost of Construction of ang 5/je afang Working Pressure from Nine Constants i? */ V Fig. 21.—Smiths Diagram for the Determination of Maximum Com-mercial EconomyThe description of the method is to be found in text and also in the book onCommercial Economy of Steam Power Plants by R. H. Smith. progressive shifting of ground in the direction of a more thoroughlymechanistic organization of industry goes on and works out into amore and more searching standardization of works and methods anda more exacting correlation of industries in an ever increasingly largeand increasingly sensitive industrial system. All the while the whole 8o of it grows less and less manageable by business methods; and withevery successive move the control exercised by the business men in


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