development of the key industries of those countries should take. Moreover, Britain and France, together with the countries closely associated with them, claim a dominat- ing position in this organization, or in whait is called in the British project, a "Steering Committee" for Europe. Verbal reservations are now being made to the effect that this organization will allegedly not interfere in the internal affairs of the states in question or violate their sovereignty. But it is perfectly obvious from the tasks set before this organization, or 'before the "Steering Commit- tee," that the European countries will become subsidiary states and will forfeit their former economic independence and national sovereignty in favour of certain strong Powers. At any rate, it is now proposed to make the possibility of any country's obtaining American credits dependent on its obedience to the above-mentioned organization and its "Steering Committee." Where may this lead? Today pressure may be exerted on Poland to make her produce more coal, even at the cost of restricting other Polish industries, just because certain European countries may be interested in it;, tomorrow it will be said that Czechoslovakia must be asked to increase her agricultural output and curtail her machine-building industry, and obtain her machinery from other European countries which are desirous of selling their commodities at dearer prices; or, as the newspapers recently wrote, Norway will be forced to refrain from developing her steel industry, because this would better suit certain foreign steel corpora- tions, and so on. What will then remain of the economic independence and sovereignty of such European countries? How will small countries, and weaker states generally, be able to -protect their national economy and state independ- ence under such circumstances? 466