Note 15 — SECTION VIII. INDUSTRIAL AND TECHNICAL. GENERAL REVIEW

The recent failure of a French company founded for the exploitation of the cuprammonium process may be taken as showing that it presents very considerable technical difficulties. It is a matter of common knowledge that this company estimated the costs of production to be such as to enable the product to be sold at 12 fr. per kilo., whereas the costs actually obtaining were a large multiple of this figure.