(see No. 137.)
Commander A.B. Hoff, U. S. Navy.—The point of view of the expert accountant on the absorbing and constantly developing subject of navy yard economy is a most valuable and interesting one. The relation of accounting to navy yard economy is a clear one, and one of vital importance. It is, however, a more constricted question than that of navy yard economy, which is a broad gauge affair, having many phases.
If a ship or shop is inefficient or uneconomical, a card index will sometimes help to locate the trouble, but it takes sound practice working on sound principles to cure it.