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112 Transactions of S.M.P.E., Vol. XIII, No. 37, 1929
Mr. Crabtree : The last number cost $2,000, so that on that basis the figure would be $8,000.
Mr. Jones : That is high, of course, and perhaps $6,000 would be an average figure for what we are spending annually in publishing our Transactions. We have analyzed the cost of publishing a journal at monthly intervals, taking this data from other similar organizations. One society, quite comparable to this organization and having a membership of 500-600, say the cost of their journal per year is between $12,000 and $15,000. We must see our way clear to get that money, and don't want to advise the Society to take on the publication of the journal without being sure we can carry the financial burden. It would involve hiring an editor. The Society cannot ask one of its members to act as the editor of a journal. It is possible that an editor hired to publish the journal might be able to take on other duties, such as assistant to the secretary or act as assistant to the treasurer.
The committee hopes to meet during the convention and at the fall meeting we may have a definite recommendation, but the committee is doing something and attempting to find out how we can publish a journal which to most of us would be very advantageous.
One other phase of the matter I want to mention. A monthly publication appeals very much more to some people than something appearing at irregular intervals. I think it would assist the Membership Committee and give them something more to sell. A monthly publication will appeal very much more to libraries. Many hesitate to subscribe to proceedings of a society appearing at irregular intervals. I believe that our number of library subscriptions would be increased by 300 or 400 if we were offering a monthly periodical, and taking all things into consideration, it is highly desirable.
The committee feels very strongly that if we publish a journal it must be a strictly technical engineering and scientific journal and must not be allowed to take on the character of anything resembling a trade paper. We must keep the standard high, and if we attempt a journal it must be strictly technical.
Mr. McGuire: I don't want to take up a moment of the convention, and it would be unwise to discuss this report, but I was put on the comittee because I am utterly, completely, and absolutely opposed to the Society having its own publication. This is the one thing on which I pose as an expert in the Society. The expense I know ; you might as well charge off $15,000 at the start.