The business of industry is to meet the demands and opportunities of foreign markets and to supply the needs of America; to transport men and supplies upon short notice on a large scale.

The work of industrial preparedness is not the primary task of government—it is the obligation of every plant in America, every leader at the head of it, every workman within it.

America has capital, resources, inventions, and leadership. It is short of average men to meet its industrial as well as citizenship needs. The country needs to keep every able-bodied man in America by making him an efficient, loyal citizen and by giving him, not a job, but a stake in the industry and a home stake in the country.

First of all in mobilizing industries we need an inventory so the government may know the location and capacity of its plants and who mans them; what the investment is and whether there are any international strings tied to the business and of what kind. It needs to know its present capacity, what it makes best, and how far its capacity can be increased, if need be. It needs to know how its products are transported and marketed; whether army supplies have ever been made and what agreements might be entered into. After twenty months of the war, the schedule for such an inventory has been formulated by a volunteer committee and paid for with private funds!

This is the Industrial Preparedness Committee of the Naval Consulting Board, of which Mr. Howard Coffin is chairman. It proposes first to take an inventory of the resources of 30,000 industries, each to be covered by an engineer. This in itself is a magnificent educational measure. It will make these engineers and industries think about a great many questions they have not faced before. This Committee has secured the coöperation of the Associated Advertising Clubs of the World, of which Mr. Herbert Houston is president. This insures the most widespread and accurate publicity of work and results, free from any political manipulation. It also insures a highly intelligent and forceful education of the public, free from self-interest or organization interest. The unfortunate thing is that this inventory comes too late for Congress to make any real use of the results unless it stays in session very late. It is also not yet clear just how these results will be related to other important fields or whether the Secretary of the Navy will bury them somewhere. The essential thing, however, is that we have a wholly satisfactory industrial preparedness program under way in the hands of men the country trusts for ability, integrity, efficiency, and knows to be without self-interest.

So far as I am aware we are not dealing with the conservation of resources in any such way, as this inventory applies only to manufacturing. I believe the different Federal departments have been called upon to make some such survey and report, but its results seem not to have found their way into action nor to have the coöperation of practical business men. Agricultural organization also we consider of little interest in defense, even though the land feeds the nation.

Undoubtedly a most important factor in our national defense is transportation. The President has recommended an inquiry into railroad rates and regulation, but the resolution introduced does not seem to go beyond the subject of rates. It does not seem to include a study of the railroad situation by a competent staff that would be prepared to take over and operate the railroads for military purposes if the necessity arose; it does not imply that we might need a railway construction corps for use in a military zone, taking the places of the aliens now employed on this work. It does not indicate that there is need for our army officers and leading railway officers to get together in times of peace in order to prevent friction in time of war. It does not indicate that there is need of approved regulations which should be formulated now so they could be put into operation immediately should occasion arise. There is no indication that it might be well to provide a way by which operating men should become army officers in time of war and thus have the handling of supplies under an efficient military direction.

The country is fortunate in having a competent committee appointed by the American Railway Association, Mr. Fairfax Harrison, president of the Southern Railway Co., Mr. W. G. Besler, president Central R. R. of N. J., R. H. Aishton, vice president, Chicago & Northwestern R. R., Chicago, Ill., and A. W. Thompson, general manager of the Baltimore & Ohio R. R.

The work of this Committee has not yet been definitely related to the Federal departments which could make most use of its experience, knowledge, and ability. It is ready to devote itself to this question along such important lines as the following among many others:

First, a distinct understanding between the War Department and the railroads should be arrived at concerning the tariffs for military traffic, freight, passenger, and baggage, in order that there may be no confusion whatever on these points when the time comes to move large bodies.