Laboratory in England (not exclusively devoted to research) was
$40,000. Yet these are among the most famous research
institutions in the world and have achieved results of
world-wide fame and inestimable value both from a financial
standpoint and from the standpoint of the physical, moral and
spiritual welfare of mankind.

In 1856, Perkin, an English chemist, discovered the coal-tar
(anilin) dyes. The cost of this investigation, which was
carried out in an improvised, private laboratory was
negligible. Yet, in 1905, the United States imported $5,635,164
worth of these dyes from Europe, and Germany exported
$24,065,500 worth to all parts of the world.[5] To-day we read
that great industries in this country are paralyzed because
these dyes temporarily can not be imported from Germany. All of
these vast results sprang from a modest little laboratory, a
meager equipment and the genius and patience of one man.

[5] U. S. Census Bureau Bull. 92.



W. R. Whitney, director of the research laboratory of the
General Electric Company, points out that the collective
improvements in the manufacture of filaments for electric
lamps, from 1901 to 1911, have saved the consumer and producer
no less than $240,000,000 annually. He adds with apparently
unconscious naivete that the expenses of the research
laboratory in his charge aggregate more than $100,000
annually![6] A handsome investment, this, which brings in some