duction must be transported across the oceans. Supply lines are enormously longer in this war than in the last, in which there were no important African and Asiatic theaters. Ship- ping is exposed to new menaces from under the seas and from the air and the toll taken by the enemy will be great. Unless American production can be delivered, American industrial supremacy will be of no avail. It has been said of the last war that the Allies floated to victory on a sea of oil. It is likely that in this one they can arrive at victory only by building a bridge of ships. A. C. NEAL, H. B. KILLOUGH AND PHILIP TAFT
BACKGROUND REFERENCES
ANTONÍN BASCH, The New Economic Warfare ( New York: Columbia University Press, 1941), chap. 3.
BROOKS EMENY, The Strategy of Raw Materials ( New York: Macmillan and Co., 1936).
SEYMOUR E. HARRIS, The Economics of American Defense ( New York: W. W. Norton and Co., Inc., 1941), Part II.
INTER-PARLIAMENTARY UNION, What Would be the Character of a New War, ( London: P. S. King & Sons, 1931), Section on War Potential.
LEAGUE OF NATIONS, Statistical Yearbook (various years).
LEAGUE OF NATIONS World Economic Survey (various years).
H. MAKOWER AND H. W. ROBINSON, "Labour Potential in War-Time", Economic Journal, Vol. 49 ( 1939).
HORST MENDERSHAUSEN, The Economics of War ( New York: Prentice- Hall, Inc., 1940), Part I.
A. C. PIGOU, The Political Economy of War ( New York: Macmillan and Co., 1941), chap. III.
J. A. SALTER, Allied Shipping Control ( Oxford: The Clarendon Press, 1921).
H. SPEIER AND A. KÄHLER (editors), War in Our Time ( New York: W. W. Norton and Co., 1939).
SOURCES OF CURRENT INFORMATION
American Bureau of Shipping, Bulletin (monthly).
National Industrial Conference Board, Economic Record.
Federal Reserve Bulletin
Economist ( London)
Survey of Current Business
United States Department of Agriculture, Foreign Agriculture (monthly)
United States Department of Commerce, Foreign Commerce Weekly
United States Department of Labor, Monthly Labor Review
Victory (formerly Defense)
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Questia, a part of Gale, Cengage Learning. www.questia.com
Publication Information: Book Title: Introduction to War Economics. Contributors: Alfred C. Neal - editor, Antonín Basch - editor, Willard C. Beatty - editor, Chelcie C. Bosland - editor, Hugh B. Killough - editor, Kenyon E. Poole - editor, Merton P. Stoltz - editor, Philip Taft - editor. Publisher: Richard D. Irwin. Place of Publication: Chicago. Publication Year: 1942. Page Number: 39.
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