"In view of this prospect there ts only one line of conduct for the Axi: Firstly, the attitude of calm. reserved. watchful waiting. not allowing ourselves to be affected by America's greatness or the statistics of US. production.
"Secondly, by continuing to hammer England from all directions. Thirdly, by torpedoing all ships sailing in the direction of the British Isles. Fourthly. by organi: ing work and production throughout continental Europe.
"Fifthly. by holding hard and awaiting developments in the great United States caldron when President. Roosevelt wishes to line up U.S. forces for an assault on Europe."—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.