New means of economic distribution urged

Excerpts relating to engineering matters contained in the annual report for 1932 of The Engineering Foundation were given in ELECTRICAL ENGINEERING for March 1933, p. 208. Other sections of this report deal with the distribution of wealth, and emphasize that money and credit alone are insufficient to effect economic distribution of the national wealth under the new conditions imposed by science and engineering; new means of supplementing these vehicles of commerce and industry therefore must be found. Following are paragraphs on this subject, taken from the report, which was made public by H. HOBART PORTER (A´96, M´12 and life member) chairman for 1932 of The Engineering Foundation, and president of the American Water Works and Electric Company, Inc., New York, N. Y.