he basis of
adding to the world's supply for common use, and of lending our expert
assistance to neighbors to make them more nearly self-supporting. To
carry out our campaign in these cases without regard to the needs of
other countries will obviously not hasten the ideal of a democratic
world with equal opportunity for all. On the other hand, the great
freedom allowed by our laws in regard to foreign commercial control of
our minerals, as compared to the restriction on such control in other
countries, suggests the desirability of exerting our pressure for the
open door policy in all parts of the world, in the interest of desirable
reciprocal relations.
In this connection there has been a tendency to criticise England's
post-war activity in securing oil reserves for the future. Self-interest
has clearly dictated the necessity for improving England's weak position
in regard to this vital energy resource. The success of this movement
obviously means a lessening of the future preponderance of the United
States in the oil industry, and calls for increased activity on the part
of the United States in maintaining the desirable leading position it
has long held. From the writer's viewpoint, however, the fair success of
a rival does not call for criticism of motives. If there is any just
criticism, it applies to methods (see pp. 390-391).
Whatever action may be taken by the United States in regard to
international mineral questions, it is clear that the war has brought
this country into such world relations that it has become imperative for
us to study and understand the world mineral situation much more
comprehensively than before,--in the interest not only of intelligent
management of our own industries, but of far-sighted handling of
international relations. Under the stress of war the government,
especially through the Geological Survey, the Bureau of Mines, and the
several war boards, found it necessary to use extraordinary efforts to
obtain even elementary information on the international features of
mineral trade. Much progress has been made, but only a start. The
geologist or engineer who fails to follow these investigations may be
caught napping in the economic phases of his work.
THE COAL AND IRON SITUATION OF WESTERN EUROPE UNDER THE TERMS OF THE
PEACE TREATY
A mineral problem of special international importance at the present
time relates to the disposition of the coal and iron resources of
Germany. Germa
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