The Archive · 1934

Value of Research

"Spend enough in the next twenty years on indusicil research, and you will abolish unemployment and slums and put Britain as far ahead of the world s. she was fly years ayo." This was the—striking statement made by Sir Kenneth Lee, the cotton" chief, at 3 conference in London recently. He was addressing representatives of 21 major industries, convened by" the Department of "Sclentifle and _Industrial Research. "If we spend more on research,' he said, "we shall create a situation' which will astonish the world..., We have the selentife ability, Why do not our industries we it?" The average expenditure of the research associations, which cover industries providing about half "Abe total exports of the country, with tu aggregate net output of some 240,000,000, is £14,500 each per year. That 15 industry spends on. research only 7s. 6d, out of each £1,00) output, Among the achievements ' of the research associations are:—A Process for making wool unshrinkable and Keeping it from turning yellow: A method of preventing wear in car pistons and cylinders; A' means of hiving long Ife to paints: Protection of rivers by discharges from factor-Jes; and annual savings of over £1,- 000,000 to the electrical industry at a cost of only £80,000,

Text read from the printed page and cleaned; old type leaves the occasional error.

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