A major industrial revolution in the United States is affecting most of the peoples of the earth, according to the 1943 Chemical Industry Survey. The revolution in American chemistry owes its coming-of-age to war, yet seems destined to be a most powerful force for enduring peace. It is rich in promise of better things to come. Copies of the 55-page survey containing much interesting information can be obtained from its publishers, Merill Lynch, Pierce, Fenner, and Beane, 70 Pine Street, New York City. It presents analyses of 35 of the leading companies in the chemical industry, touches upon the history of chemistry in America from the early days, points out the strong growth trend of sales and earnings, the excellent dividend record, and the clearly defined longer range growth prospects stemming
from the industry's continued emphasis on research. The future of the chemical industry is desaibed as vast and exciting. There are few aspects of daily life that i t will not touch and enrich as new and amazing textiles, plastics whose versatility will change current concepts of automobiles, unbreakable glass, nonburnable wood, medicines which will seem miraculous, and many other remarkable things are made available to everyone through chemistry in the post-war era. Even food — its appearance, taste, merchandising — will be changed for the better by chemistry. The survey points out that the chemical industry is an essential one, a "must" for peace as well as for war; that there is little doubt that a t the end of the war, the chemical industry will be one of the nation's basic industries — the leader of a new era of progress.
