Condensed report on the saving to society resulting from the use of the Comptometer

In accordance with your wishes we have made an investigation to determine the annual amount of saving to society which results from the use of the Comptometer, an instrument designed to make accurate and rapid arithmetical calculations under the manipulation of a skilled operator. While we recognize the many shades of meaning applicable to both of the words saving and society, and are well aware of the possibility of savings from which society may receive no benefit, we have so confined the use of these words in this connection that a saving to society shall he understood to mean the avoidance of spending or losing, or the prevention of waste, which make possible, at the same total cost as formerly, greater production, or broader distribution, or which reduce the cost of such activities, or in other ways benefit mankind as a whole