We have had under consideration the question raised by the Joint Planning Sub-Committee in the above questionnaire. Our conclusions are contained in the ensuing paragraphs, while a detailed appreciation is contained in Annex A and Appendices A and B. CONCLUSIONS, 1. 2. 3. 4. 5. 6. 7. With the possible It is not possible to arrive at a precise Appreciation as to the conditions likely to obtain by March, 1941 in the countries under discussion. Information is scanty and there are a large number of unknown factors.