Britain's resources, it is generally agreed, are still far from being sufficiently utilized. But until there is something like a self-contained Ministry of Economic Policy such a goal will not be realized, It has been made clear by press comments in papers as far apart as "The Times" and the "Daily Herald" that maximum output within a reasonable time depends upon the production of a comprehensive plan covering the whole wide field of trade and finance and an authoritative machine under the full-time direction of a fully competent head, In order to triumph over Germany, war production must be considerably increased, This means ' large-scale extensions of plant in the quickest possible time in order to avoid production shortages, which would otherwise have to be made up by imports from overseas—as has been done in the iron dnd steel industry—and would, therefore, be a severe drain upon Britain's foreign exchange and shipping resources.
Text read from the printed page and cleaned; old type leaves the occasional error.