THE ALLOCATION OF RESOURCES §3. UTILITY AND WEALTH §4. CRITERIA OF POLICY SUPPLY AND DEMAND CHAPTER I THE ECONOMIC WORLD §1. Theory and Fact.

The Allocation of Resources.

But the allocation of these resources between, for instance, the various theaters of war was none the less a very real problem, which gave rise to much engrossing controversy.

Now this is precisely analogous to the problem of the allocation of our resources for the purpose of peace.

The allocation of resources so as to yield the maximum effect was rightly recognized as one of the most vital and difficult of our war-time problems.

Certain changes were necessary in the allocation of units in order to enable the troops to be better trained, and therefore our final conclusion was that the special military expenditure shown in the financial statement must go on for some years more.

On the other hand, he reverted to the allocation of fiefs, though not to old noble families but to his relatives and some of his closest adherents, generally men of inferior social standing.

The Chancellor of the Exchequer in his annual allocation of grants and remissions of taxation balances no stranger things than does the private citizen, who, having a pound or two to spend at Christmas, decides between subscribing to a Chinese Mission and providing a revolving hatch between his kitchen and his dining-room.

We can imagine the nations settling the racial allocation of the temperate or tropical breeding-grounds, or even deliberately placing the males and females of the few hopelessly backward tribes on different islands, without the necessity that the most violent passions of mankind should be stimulated in preparation for a general war.

Its whole proceedings from the time this question was first agitated to the present, but too clearly indicate this intention; and if we wanted proof, that the executive government of the United States would act on so barbarous and inhuman a policy, we need only refer to the allocation of the Cherokees, who exchanged lands in Tennessee for lands west of the Mississippi, pursuant to the treaty of 1819.

Pathetic refrain of OLD MORALITY murmured again to-night: Members wanted to know about various things; but in OLD MORALITY'S mind, fate of the Tithes Bill, intentions of Government touching proposed new Standing Order, and allocation of money originally intended for Publicans, all a blank.