CONTENTS INTRODUCTION Economyofthe Territ ory: General Description ofthe Trust Territory Policy and Planning Major Events ofthe Yea r Economic Equality General Investments Private Indebtedn ess Economic Resources , Activities, and Servic es: Status of the Territory and Its Inhabitants Genera! Commerce and Tra de International and Regional Relations 11 International] Peace and Security 14 Land and Agriculture Livestock Fisheries Forests Mineral Resources Industries Transportation and POLITICAL ADVA NCEMENT Communications Public Works General Politica] Str ucture Territorial Govern ment District Governme nt Local Government Civil Service SOCIAL ADVANCEM ENT General Social Cond itions Suffrage Political Organization s The J udiciary Legal System HumanRights and Fundamental Free doms Status of Women Labor Social Security and Welfare Services Standards of Living ECONOMIC ADVA NCEMENT Public Health Financeof the Territ ory: Public Finance Taxation Moneyand Bankin g 37 39 40 Narcotic Drugs Tugs Alcohol and Spirits Housing and Town an d Country Planning Prostitution Penal Organization **%