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The investigations by Taylor and White, which culminated in the development of ‘high speed steel’, required an exceptionally large amount of money to be spent and infinite patience to be exercised. In 1906, Taylor presented his monumental paper, “On the Art of Cutting Metals,” before the American Society of Mechanical Engineers as his presidential address. It was the result of twenty-six years of experimentation during which time more than 800,000 pounds of steel and iron were cut up into chips with experimental tools. Some 30,000 to 50,000 recorded experiments were carried out, in addition to many others not recorded.
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