ABSTRACT
The principles of scientific organisation, applied to production in the course of the Industrial Revolution, have spread over the larger part of the world and have deeply influenced the technique of war. The rapid increase of our belligerent effort to a maximum, and the future arrival, at however distant a date, of peace, is the two main considerations that should guide our choice of policy. In order to prosecute the war efficiently the industrial resources of the nation must be diverted from the employments, and finished commodities, valued in time of peace to those that are useful in time of war. This diversion is the process of industrial mobilisation. The main economic problem of war is, then, to command the real industrial resources of the nation away from the sustenance of the fruits of peace to the fearful tasks of war.
