FREE BOOKS

Author's List




PREV.   NEXT  
|<   143   144   145   146   147   148   149   150   151   152   153   154   155   156   157   >>  
ermination of a method. It is called upon daily to replan and reconceive, coincidentally with the daily progress of the constructions and operation. Weary with disappointment in his wisest conception, many a mining engineer looks jealously upon his happier engineering cousin, who, when he designs a bridge, can know its size, its strains, and its cost, and can wash his hands of it finally when the contractor steps in to its construction. And, above all, it is no concern of his whether it will pay. Did he start to build a bridge over a water, the width or depth or bottom of which he could not know in advance, and require to get its cost back in ten years, with a profit, his would be a task of similar harassments. As said before, it is becoming more general every year to employ the mining engineer as the executive head in the operation of mining engineering projects, that is, in the fourth and fifth stages of the enterprise. He is becoming the foreman, manager, and president of the company, or as it may be contended by some, the executive head is coming to have technical qualifications. Either way, in no branch of enterprise founded on engineering is the operative head of necessity so much a technical director. Not only is this caused by the necessity of executive knowledge before valuations can be properly done, but the incorporation of the executive work with the technical has been brought about by several other forces. We have a type of works which, by reason of the new conditions and constant revisions which arise from pushing into the unknown coincidentally with operating, demands an intimate continuous daily employment of engineering sense and design through the whole history of the enterprise. These works are of themselves of a character which requires a constant vigilant eye on financial outcome. The advances in metallurgy, and the decreased cost of production by larger capacities, require yearly larger, more complicated, and more costly plants. Thus, larger and larger capitals are required, and enterprise is passing from the hands of the individual to the financially stronger corporation. This altered position as to the works and finance has made keener demands, both technically and in an administrative way, for the highly trained man. In the early stages of American mining, with the moderate demand on capital and the simpler forms of engineering involved, mining was largely a matter of individual enterprise an
PREV.   NEXT  
|<   143   144   145   146   147   148   149   150   151   152   153   154   155   156   157   >>  



Top keywords:

enterprise

 

engineering

 

mining

 

larger

 
executive
 
technical
 

stages

 

coincidentally

 

necessity

 

individual


demands

 

constant

 

require

 

engineer

 

operation

 

bridge

 

moderate

 
pushing
 

revisions

 

demand


unknown
 
American
 

intimate

 

continuous

 

conditions

 

operating

 

employment

 
brought
 

matter

 

incorporation


forces

 
largely
 

reason

 
simpler
 

capital

 

involved

 
design
 
plants
 

capitals

 

required


costly

 

complicated

 

technically

 

capacities

 

yearly

 

passing

 
altered
 

position

 
finance
 

corporation