IT is most remarkable and valuable property of mediurn and high carbon steels that they should be so susceptible to heat treatment, the wide range of variability in tenacity, ductility, etc, due to the normal influence of the carbon in the untreated material being enormously inereased thereby.The physical properties of steel and other metals are much more closely related to their structure than to their ultimate analysis.For instance, we may by chemical analysis determine the carbon content of a steel to be 0.5% ; but this information alone is insufficient to enable us to say what are the physical properties of the metal.Such a steel may possess 11 tensile strength of anything from 35 tons per sq. in., with much ductility, up to 80 tons per sq. in., with practically no ductility, according to its heat treatment. A microscopie examination, on the other hand, would show the structural composition of the steel, from which its physical properties could be approximately deduced. From this it will readily be understood that the microscope has played an important part in the development of modern rnetallurgy, and to-day it is in daily use for the examination of metals and alloys in the laboratories of most works dealing with the rnanufaeture and working of metals.THE IRON-IRON CARBIDE EQUILIBRIUMTo understand fully the mode of occurrcnce of the different constituents of a knowledge of the Iron-Iron Carbide equilibrium diagram (Fig. I) is essential to heat-treat steel successfully and to interpret microstructures correctly such a knowledge isabsolutely indispensable.A portion of the Iron-Iron Carbide Diagram, dealing with steels below 1000 and containing up to 1 carbon is given below.It should be noted that the diagram deals entirely with pure carbon steels, and does not indicate the influence of the usual so-ealled "impurities" present in all commereial carbon steels...