Excerpt from The Cost of Power, a Big Business Problem: A Manual of Valuable Information for Business Executives

The combined experience of these coal users in the purchase and use of nearly worth of coal has reduced this complex problem to basic principles. No plans or theories are advanced which have not had the test of actual use, and each fact given in the follow ing pages has been verified by a large number of observations.

This problem of the Cost of Power necessitates the application of several branches of exact science for its solution, but it is, after all, the problem of the business man - oi the man who pays for the power. Although he may delegate the details of his power problem to others, the business executive of to-day must have a clear conception of this problem, that he may point the way to improvement and set a standard of achievement for his organization.

In the form here presented, the book has been planned to fill the need of business men who have not had an opportunity to study the broader aspects of the problem, and its service is to supplement the reader's knowledge with an analysis of the experience of many users of coal and makers of power.

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