and states, in Switzerland, France, the United Kingdom,
and in Germany. The Co-operative Wholesale Society
of Great Britain, acting on behalf of three and a
half million families, buys two and a half million
dollars of purchases annually. And the Entente
nations, in order to avoid competitive bidding, are
buying collectively from us, not only munitions of
war, but other supplies, while the British Government
has made itself the sole importer of such necessities
as wheat, sugar, tea, refrigerated meat, wool, and
various metals. The French and Italian governments,
and also certain neutral states, have done likewise.
A purchasing commission for all the Allies and America
is now proposed. After the war, as an inevitable
result, for one thing, of transforming some thirty
million citizens into soldiers, of engaging a like
number of men and women at enhanced wages on the manufacture
of the requisites of war, Mr. Webb predicts a world
shortage not only in wheat and foodstuffs but in nearly
all important raw materials. These will be required
for the resumption of manufacture. In brief,
international co-operation will be the only means
of salvation. The policy of international trade
implied by world shortage is not founded upon a law
of “supply and demand.” The necessities
cannot be permitted to go to those who can afford
to pay the highest prices, but to those who need them
most. For the “free play of economic forces”
would mean famine on a large scale, because the richer
nations and the richer classes within the nations
might be fully supplied; but to the detriment and ruin
of the world the poorer nations and the poorer classes
would be starved. Therefore governments are
already beginning to give consideration to a new organization
of international trade for at least three years after
the war. Now if this organization produce, as
it may produce, a more desirable civilization and
a happier world order, we are not likely entirely
to go back—especially in regard to commodities
which are necessities—to a competitive
system. The principle of “priority of
need” will supersede the law of “supply
and demand.” And the organizations built
up during the war, if they prove efficient, will not
be abolished. Hours of labour and wages in the
co-operative League of Nations will gradually be equalized,
and tariffs will become things of the past.
“The axiom will be established,” says Mr.
Webb, “that the resources of every country must,
be held for the benefit not only of its own people
but of the world . . . . The world shortage
will, for years to come, make import duties look both
oppressive and ridiculous.”
So much may be said for the principle of Democratic Control. In spite of all theoretical opposition, circumstances and evolution apparently point to its establishment. A system that puts a premium on commercial greed seems no longer possible.