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If these assets were set up as a revolving fund with which Japan could import raw materials for its industries, Japanese exports could again enter the channels of world trade-and Japanese workers would have employment and something to eat.
If all Europe lies flat while the Russian mob tramps over it, we will then be faced with a war under difficult circumstances, and with a very good chance of losing it.
From 1941 to 1945 we won a war by enlisting the whole-hearted support of all our people and all our resources.
For the only way in which a durable peace can be created is by world-wide restoration of economic activity and international trade.
By providing outstanding economic leadership, this country can wage its attack successfully - and can thereby build the foundations of a peaceful world.
As in the war of 1941-45, our victory and our survival depend on how and where we attack.
A similar revolving fund could be set up for Germany, for a durable peace can rest only upon a Germany that, while militarily impotent, is industrially active.
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