La/e o/ N.
capital business capacity, the herculean job
was accomplished most successfully. It is
indeed a great object lesson to all men of
wealth how a well thought out scheme, of
vast benefit to the country, could be launched
and successfully worked by means of a well
equipped organization consisting of a galaxy of
men of expert knowledge in applied science.
This vulcan like factory, is now at work
for the last two years and its latest report
shows what has been accomplished. It verily
marks an epoch in the industrial history of
India at the opening of the twentieth century
under the civilising and progressive influence
of British Indian administration. In the
report of 1913-13, the Directors informed their
proprietary that the net profits till the end of
30th June 1913 had amounted to Rupees 8'58
lakhs. This for a company just commercially
working the factory is indeed most creditable.
But as the report says a further amount of
capital expenditure is essential in order to
give to the share holders the profits arising
from its full productive capacity. This has
not yet been reached but it may be depended
upon that it will be reached in another two
or three years redounding to the credit of all
64
capital business capacity, the herculean job
was accomplished most successfully. It is
indeed a great object lesson to all men of
wealth how a well thought out scheme, of
vast benefit to the country, could be launched
and successfully worked by means of a well
equipped organization consisting of a galaxy of
men of expert knowledge in applied science.
This vulcan like factory, is now at work
for the last two years and its latest report
shows what has been accomplished. It verily
marks an epoch in the industrial history of
India at the opening of the twentieth century
under the civilising and progressive influence
of British Indian administration. In the
report of 1913-13, the Directors informed their
proprietary that the net profits till the end of
30th June 1913 had amounted to Rupees 8'58
lakhs. This for a company just commercially
working the factory is indeed most creditable.
But as the report says a further amount of
capital expenditure is essential in order to
give to the share holders the profits arising
from its full productive capacity. This has
not yet been reached but it may be depended
upon that it will be reached in another two
or three years redounding to the credit of all
64