Metals and Manufactures of Metals

Metals and Manufactures of Metals

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1912 edition. Excerpt: ...There is no association. Senator Heyburn. At what do you estimate it? Mr. Hastings. I should think two or three million dollars. Senator Heyburn. In the United States? Mr. Hastings. In the United States. Senator Heyburn. How much is imported? Mr. Hastings. Prior to 1905 there was nothing imported, but by some rearrangement of wages in Germany, or something of the kind, they commenced to send the product into this country in 1905. It Paragbaph 47. started at $53,341; the next year it was $81,466; the next, $234.164. Then hard times--dull times--came along, and the importation dropped to $95,000, $67,000, and $55,000. For 11 months of the last year, which was all we could get, it was $54,000. They have imported in those years over $642,000 worth. Senator Heyburn. Is it all of the same quality? Does it contain the same percentage of gold? Mr. Hastings. We think the Germans have a way of beating it a little bit thinner, but we can not get at that. Senator Heyburn. I mean as to fineness. Mr. Hastings. No; the Americans work a finer quality, to a percentage of a carat. Senator Heyburn. How pure is the American gold? Mr. Hastings. Very nearly 23 carats--22, say--24 carats being pure. Senator Heyburx. Is the imported gold leaf as pure as that? Mr. Hastings. We think not. Senator Heyburn. Do they make something, then, by alloying it? Mr. Hastings. They make some little by alloying it, undoubtedly. Senator Heyburn. Or perhaps they use gold that contains a natural alloy. Then, really, the difference between the labor and the par value of the gold, so to speak, represents the difference between its price as gold and as a manufactured article? Mr. Hastings. The difference between the Germans and ourselves on this particular product is all in the cost of...show more

Product details

  • Paperback | 756 pages
  • 189 x 246 x 38mm | 1,324g
  • Rarebooksclub.com
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236672410
  • 9781236672414