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 I shall not spend time telling you why we are faced with economic disaster, for thousands of examples can be had at a Technocracy section. We shall, for the purposes of this article simply assume that the collapse is near, within a matter of days.

All of the large business institutes, and Technocracy as well, will know within 100 days of the time of the ultimate end, when all stocks and bonds depreciate to zero and the financial structure of this country is due to fall.

At this time Technocracy will do, what is termed in colloquial American slang--"TURN ON THE HEAT!" At the present time Technocracy is not interested in forming a large organization, formed of emotional butterflysbutterflies [sic]. It is constructing a functional group; a nucleus of people who know the subject to a T, and who will be prepared to act in the forming of a skeleton control until things are reorganized. In the last five years Technocracy has not used one bit of emotional fly paper, but has presented its whole plan in plain facts, and in as hard-boiled and unentertaining a manner as could be done without insulting the listeners. Nevertheless Tech. is the fastest growing organization in the nation. (except the relief organization)

Under Technocracy people will be classified in a set of probably 100 industrial sequences, according to their work. Each of these is known as a FUNCTIONAL SEQUENCE. Let us trace the work of one sequence from the bottom to the top.

The nation will be divided into regional divisions, determined by latitude and longitude. In each division there will be the various offices of whatever sequences are operating in that division. (each sequence of the 100 different ones will not necessarily appear in every division, though) Some will only have three or four or even as high as fifty. In this division we will find, say, a factory, for the production of steel, and thus there will be a steel sequence in this division. (This is how it will work in all sequences, essentially.)

The lowest classification will be the man doing the simplest job. We'll use as our example one who works a welding torch. All the welding torch workers in that factory will be under a foreman. He will be elected out of the torch workers as the one most efficient, working the best, who is most popular, though the latter factor's not so influencing as it is at present.

All the foremen in that area division will elect a divisional head of foremen of torch welding crews. Out of all the head foremen of torch and steel dumping crews and the other numerous distinct functions, there will be elected a division head. The division heads then elect a national head. The national heads of all the other sequences will form what will be known as the Continental Control, electing an executive director, merely a presiding officer, with not even the powers of the present president. He is answerable to, not answered to.

All the other basic functions will have essentially the same organization, and it is anticipated there will 90 to 110 of them. At the present time 93 have been worked out. The one thing of note is that there will not be more than FOUR offices between Armando Pinccio of the garbage truck crew and the head of the national sequence of waste disposal.

The thing of most interest to all interested is the method of purchase or what is referred to as the MEDIUM OF EXCHANGE. In the TECH THERE IS NO MEDIUM OF EXCHANGE, THERE IS ONLY A METHOD OF TECHNOLOGICAL ACCOUNTING.

The means whereby you will get a new razor blade or a malted milk is to be known as DISTRIBUTION CERTIFICATES or ENERGY CERTIFICATES.