Turkey's Plan One may admire the enterprise with which Mustapha
Kemal's Council of Ministers in Turkey has pressed forward with the creation of its Five Year Plan for Turkish industry without looking forward with any great complaisance to the result. Turkey hereby adds herself to those other primarily agricultural countries which have determined to divert some- of their energy from agriculture to industry in the hope of becoming economically self-sufficient. She cannot be blamed for adding her little contribution to the pro- gressive destruction of world trade. Since the world is no longer able to absorb at a tolerable price her natural exports, she is no longer able to pay for manufactured imports ; therefore she must make the goods herself ; and therefore, again, the industrial countries which will be shut out from her market will be still further deprived of the power to take her exports. And so the rot of economic nationalism extends, and will go further and further until countries co-operate in the organization of their joint business interests. • * *
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