Annotated draft of LSA's chapter on the industrial prospect, with comments from individuals including: Sir Desmond Morton, Treasury; 3rd Lord Halsbury, Managing Director of the Research Development Corporation [earlier Lord Tiverton] (2); Ernest Lever, Chairman of Richard Thomas and Baldwins Limited and of the Steel Company of Wales, Limited; Sir Ben Lockspeiser, Secretary to the Committee of the Privy Council for Scientific and Industrial Research; Sir Harry Railing [Vice-President of the Engineering and Allied Employers’ National Federation]; Sir William Thomas, Chairman of the British Overseas Airways Corporation (BOAC).

Also includes: cuttings; text of an address by Lockspeiser on science and the textile industry; paper by Halsbury on the development gap; bulletins of the Empire Industries Association and British Empire League; memorandum on air transport policy by the Council of the Air League of the British Empire; text of an address by Lockspeiser on progress in aeronautical science and engineering; article by Professor Ely Devons on aspects of British export trade.