RESOURCES FOR THE FUTURE, INC. 1755 MASSACHUSETTS AVENUE, N.W., WASHINGTON 36, D.C.

BOARD OF DIRECTORS: Reuben G. Gustavson, Chairman, Horace M. Al-
bright, Erwin D. Canham, Thomas H. Carroll, E. J. Condon
(honorary), Joseph L. Fisher, Luther H. Foster, Hugh L. Keen-
leyside, Otto H. Liebers, Leslie A. Miller, Frank Pace, Jr., Wil-
liam S. Paley, Laurance S. Rockefeller, Stanley H. Ruttenberg,
John W. Vanderwilt, P. F. Watzek.

PRESIDENT. Joseph L Fisher

VICE PRESIDENT, Irving K. FOX

SECRETARY-TREASURER, John E. Herbert

Resources for the Future is a non-profit corporation for research
and education in the development, conservation, and use of natural re-
sources. It was established in 1952 with the co-operation of The Ford
Foundation and its activities since then have been financed by grants
from that Foundation. Part of the work of Resources for the Future
is carried out by its resident staff, part support by grants to uni-
versities and other nonprofit organizations. Unless otherwise stated,
interpretations and conclusions in RFF publications are those of the
authors; the organization takes responsibility for the selection of
significant subjects for study, the competence of the researchers, and
their freedom of inquiry.

This book is based on papers prepared by authorities who partici-
pated in the 1963 RFF Forum on The Role of Natural Resources in
International Development.

RFF publications staff: Henry Jarrett, editor, Vera W. Dodds, as-
sociate editor, Nora E. Roots, assistant editor

© 1964 by The Johns Hopkins Press, Baltimore, Maryland 21218
Printed in the U.SA.
Library of Congress Catalog Card Number 64-12731

Second Printing, 1965

-iv-