An examination of these and similar figures tells the story of the industrial future--a story of limited, localized resources upon which the expanding industries will be compelled to make ever increasing demands. Since all of these demands cannot be met there must ensue a ferocious struggle among the nations to secure and hold the resource key to economic advantage. The beginnings of that struggle have already been witnessed in the contest between France and Germany for the coal and iron deposits of Western Europe. Its next stage will include a struggle between Great Britain and the United States for the possession of the world's reserves of oil. Such a struggle, with its appalling toll of suffering and chaos can be obviated in only one way, by an apportionment, among the users, of the chief raw materials, through an agency in whose direction all of those concerned have a share. This result could be accomplished by the resources and raw materials board of the world producers' federation. The activities of the resources and raw materials board will include: 1. A survey of all available resources and raw materials. 2. A survey of the present consumption of these raw materials. 3. A survey of the present production and of the possible production of these materials. 4. A production budget, assigning to each of the producing areas the amounts of materials that they are responsible for producing. 5. A consumption budget, assigning to the various using areas their quotas of the materials produced. 6. Provision for the increase in production necessary to meet the demands of the consumers of raw materials. 7. Final decisions as to which resources should be used, and for what purposes. This board would have under its immediate control the destiny of the whole producing world. It would not own the resources any more than the postal department of a government owns the post offices and the mail trucks, but in one case, as in the other, the power to decide on the service to be rendered would rest with the administrative officers. The need for some central control over the world's resources, and of some clearing house for raw materials seems quite obvious. The world producers' federation faces no more important or pressing issue. In this field alone, through its elimination of sources of conflict and its regularizing of raw material supplies, the world producers' federation could undoubtedly justify its existence. 6. _The Transport and Communication Board_