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The situation and conditions which will confront us, or may confront us, when war ceases and when peace again commences to bless the world. Ways in which production and distribution have been profoundly affected all over the world by this tremendous war. Yet some things that it appears to some of us have not been done, and that might very well be commenced to be done, even in the busy times of war. Two or three viewpoints presented, and the speaker's response to them. Some facts to consider. 500,000 men taken out from the productive industries of Canada. War at the front having to be sustained by war service behind the front; what that means in terms of men, equipment and supplies. The tremendous daily expenditures for war. The trail of war, the consequences of war outside of those financial and unit abstractions. What we know will happen when the war is over. The closing of the munition factories and consequent events. Our best course of action. The speaker's belief that Canada is sound asleep. What the war has taught us in terms of social and class distinctions, about standardization, organization, and co-operation. Applying what we have learned to the world of business. The different nature of competition that will exist after the war. What Canada must do in order to play its part in the future. Preparing for that future role. The lessons learned from the excesses of the land boom a few years ago. Getting away from the old way. Getting down to the basic principle that wealth is made by production and development, and by no other way. Ways in which the war is making us over. Snatching something good out of the interminable ill of this war; applying it to business.