Abstract
THE causes of the present depression in engineering and shipbuilding and ways and means of mitigating the results formed the subject of the address delivered by Sir Eustace H. Tennyson d'Eyncourt on October 16, as president of the North-east Coast Institution of Engineers and Shipbuilders. Employers and employees, manufacturers and owners must pull together and not attempt to row the boat in opposite directions; this is especially necessary now, since there has never before been a time when such strenuous efforts were being made to stir up strife. One of the chief causes of the present trouble is the overproduction which took place in the later years of the War and immediately following. There is little doubt that many of the vessels laid up at present are old, or becoming obsolete, and probably will never be put in service again.
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Engineering and Shipbuilding. Nature 116, 731 (1925). https://doi.org/10.1038/116731a0
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DOI: https://doi.org/10.1038/116731a0