G. D. H. Cole: Early Pamphlets & Assessment (Rle Cole) by Noel Thompson

Author:Noel Thompson [Thompson, Noel]
Language: eng
Format: epub
ISBN: 9781136885815
Goodreads: 17582480
Publisher: Routledge
Published: 2012-08-21T00:00:00+00:00

Obsolete Plant and the Federation Targets

I do not propose here to examine the detailed plans which the Federation put forward. As I have said, most of them were technically sound as far as they went: their fault lay in not going nearly far enough. One or two points that came out in connection with them, however, do call for some comment, as indicating the size of the job that has to be tackled in order to put the iron and steel industry into a satisfactory state. The parts of it that are in the worst state at present appear plainly from what is said in the Report. Thus, out of a blast-furnace capacity (for pig-iron making) of 7,320,000 tons, the Report states that only about 3 million tons can be obtained from plants that are reasonably efficient and up to date. Plant for producing from 4½ to 5 million tons (allowing for idle capacity, which is not wholly avoidable) needs to be built in order to replace obsolete units, quite apart from what is needed for increasing total output. The position is not quite so bad as this in most other branches; but in nearly all a very large proportion of the new plant proposed in the Federation's plan is for replacement of obsolete units, and not for expansion. This appears plainly in the following table, which is based on the figures given in the Report.

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