bilized; Congress is still debating a bill that would give the President allocation and other emergency powers. But by the time this paper appears in print, whatever the course of battle, economic mobilization will be under way and the initial character of the mobilization organization may well be apparent. If this paper were to attempt an up-to-the-minute summary of what has been done, its readers would find it obsolete. Its aim is accordingly more general: to point up some of the criteria by which the soundness of economic mobilization plans can be judged. During the five years since V-J Day we have painfully learned the lesson that the absence of war is not the equivalent of peace. During that period we have increasingly faced up to our worldwide responsibilities and as a nation have come to a far clearer realization of the task that lies ahead.