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posits, their occurrence, structure, and origin. The basic information thus acquired is useful in estimating reserves and life of mineral deposits. This leads naturally to considerations of valuation. Because valuation plays such a large part in any tax program, the geologist is being used by tax boards of the federal and state governments. Both in the formulation of laws relating to mineral resources, and in the litigation growing out of the infraction of these laws, the economic geologist plays a part. One cannot go very far with the study of mineral resources without consideration of the question of conservation. Geologists are called on not only for broad surveys of the mineral reserves, but for the formulation of general principles of conservation and their application to specific mines and minerals. The geologist's familiarity with the distribution and nature of mineral resources has given him a part in coping with broad questions of international use of natural resources. War conditions made it necessary to use new sources of supply, new channels of distribution, and new methods of utilization. The economic geologist came into touch with questions of international trade, tariffs, and shipping. But economic geology is not solely confined to mineral resources. In relation to engineering enterprises of the greatest variety--canals, aqueducts, tunnels, dams, building excavations, foundations, etc.--geology now figures largely, both in war and in peace. The nature, amount, and distribution of underground water supplies are so involved with geologic considerations that a considerable number of geologists give up their time wholly to this phase of the subject. It might seem from this list of activities that geology is spreading too far into the fields of engineering and commerce, but there are equally rapid extensions of other fields of knowledge toward geology. The organization of these intermediate fields is required both in the interest of science and in the interest of better adaptation of the race to its environment. The geologist is required to do his part in these new fields, but not to abandon his traditional field. It is proposed in this volume to discuss the economic aspects of geology without exhaustive discussion of the principles of geology which are involved. Practically the whole range of geologic science has some sort of economic application, and it would be futile to attempt in one volume
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