ield in which it was functioning.

The administrative board would thus be a group primarily of experts,
charged with the specific task of handling some problem of world moment,
and responsible to the board of managers of the world producers'
federation for the success of its activities.

4. _Work of the Administrative Boards_

A separate administrative board would be established to handle each of
the important administrative problems confronting the world producers'
federation. At the outset there would be such problems as resources,
transport, credit and exchange, budget, and the adjudication of disputes
affecting more than one division or more than one of the major
industrial groups.

It is neither possible nor desirable to draw up a working program for
any one of these boards. Such details must be met and solved when the
task of administrative work begins. At this point it is only necessary
to suggest some of the more important fields in which the boards would
operate, and to bring forward typical instances of their functioning.

5. _The Resources and Raw Materials Board_

The survival of a modern industrial centre like the Manchester District
of England or the Lille-Roubaix district of France depends upon the
supplies of raw material which it is able to secure from and through
other industrial groups. These supplies are in turn dependent upon the
available deposits of raw materials, the power, and the fertility of the
soil. Raw materials and resources are thus the foundation upon which all
productive enterprise is based, and it would be one of the first duties
of a producers' society to handle this issue successfully.

Some idea of the extent to which a modern industrial community is
dependent for its survival upon imported raw materials may be gained
from an examination of the trade figures for Great Britain. In 1920 the
total value of British imports was 1,936 millions of pounds sterling. Of
this amount, 767 millions (more than a third) were for food, drink and
tobacco, while another third (711 millions) were for raw materials.
Under these two general headings were included such items as grain and
flour 232 millions, meat 142 millions, cotton and cotton waste 257
millions and wool and wool rags 94 millions of pounds sterling. The two
main items of food and raw materials, covered more than three quarters
of all British imports. (Statesman's Year Book.)

But Britain is a relatively small and very m