ABSTRACT
It takes new eyes to see and new words to express what is going on to-day. The world is not only at war but in revolution as well. That revolution goes deeper than any man had dared to guess. The overturn in Russia, the intervention of America, the stirring of China, stupendous as they are, may be merely the prelude to events more drastic still. The dread which hangs over them is of this shortage which will not end with the end of the war. The hope which inspires them is that the food, the shipping, the credit, and the basic materials of life can be pooled, jointly administered, fairly apportioned, and economically employed. Unless this is done the war cannot be conducted successfully nor a peace made without disaster. The implications are by no means clear. But certain tentative conclusions it is possible to discern.
