Cooperation: President´s address

SINCE the last Annual Convention of this Institute the greatest war in the world´s history has come to an end. Millions of lives have been sacrificed. Millions of men have been crippled in greater or less degree. Wealth to the extent of many billions of dollars has been destroyed. Most of the nations involved have been seriously impoverished. The whole social, economic and industrial order has received a severe shaking up and has in some countries been completely overturned. Widespread dissatisfaction with the old order prevails in nearly all of the countries involved in the war. Unrest is generally prevalent, and, however unreasonable the demands of the restless may seem, there probably is a reason. In any case “it is a condition not a theory that confronts us.”