Applied Motion Study
A Collection Method to industrial Preparedness

6 APPLIED MOTION STUDY that one may gain. It is generally realised that maintenance contains always the thought of con- servation, that it is impossible to hold any ad- vantage without making careful provision for using one’s resources in the best possible manner. It is not so generally realised that progress also implies constantly this same conservation. The reason for this is the result of a confusion be- tween saving, or conserving, and hoarding. True conservation contains no thought of miserliness or niggardliness. It is based upon a broad out- look on life and upon the needs of the situation, upon a willingness to pay the full, just price for what is wanted, but an unwillingness to pay any more than is necessary. Progress differs from lack of progress, fundamentally, not because the progressive man is willing to pay more than the unprogressive man will, but because the progres- sive man has a broader outlook and a keener in- sight, hence, a more adequate knowledge of where and when it is necessary to pay. The unprogres- sive man or nation suffers from a limited outlook that makes it practically impossible to make a just estimate as to what is worth while. When we compare the various countries of the