War Time Control of Industry

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Excerpt from War Time Control of Industry: The Experience of EnglandBritish control of industry during the war has passed through three phases. The first, extending over some ten months, was a period of tentative action, the Government taking only obvious self-protective measures, the second, lasting for nearly a year and a half, was a period of determined regulation, the Government now being con cerned to increase the output of munitions of war, to secure supplies for the army at prices below those of the market, and to regulate shipping, the third, beginning at the end of 1916, has proved to be a period of stringent control, governmental regulation of the production, dis tribution, and consumption of food being its marked characteristic. The doctrine of laissez faire, still te spected in 1914, had by the end of 1917 passed into at least temporary oblivion.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.