In nature pure iron is scarce. In industry it is practically useless. But alloys of iron when they are hard, flexible, rust and corrosion-resisting are vastly important to modern civilization. To discover new and better alloys, to manufacture the known and useful ones is a paramount concern of such great companies as Central Alloy Steel Corp., Ludlum Steel Company, Krupp. But their research and manufacture are for their particular business. Man may enjoy the benefits thereof but the company of course profits by the company's knowledge. Last week, however, the Engineering Foundation initiated...
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