"Pseedom. of trade is essential to cur economic fe he id.
"The President said that 9 Nazi wall to keep the Uniged States inside Nemsmhere would be erected hich "the whole fabric of fife as tre know it would be mangled and Srippleds and' yet {0 malniain, even that' crippled independence would re: quite permanent conscription of ut man-power."
He added. that the United States would be forced permanently to pour iis Tesourees into armaments.
rhe President in. his speech said that the Nazi plans do not stop with riltary possession of the greater part a Europe, occupation of ripoll and Livy and threats 19 Baypt, the Suez Neat Bast "for the Indian Ocean ihe gateway to the Hast. 'They also Have the armed power to occupy at riy: moment Spain and Portugal, and threaten 'Dakar. andthe slond' outposts of the 'New World. the Azores Sha the "Cape. Verde islands" He Pointed out tat the latter was only Foven hours isiant from Brazil fOr Hoittert "or cop. planes and. also that they' dominated te "South Anne shipping routes.
War Nearing America "War is approaching the brink of tne Western' Hemisphere itself; it tion of any" of the Aantle islands that Nat conte
would jeopardize the immediate safety portions of North and South ontiey the ote "Sater and Exfety "of the continental "United sessions and aso the ultimate
Sat.
Mi, Roosevelt said that the supreme Axis: objective. was to gain control the seas. but pointed out that achieve. it they mist "capture Great Britain"
said that Americans cannot be deceives: into. delleving that Hetr Hitter and his partners. If Britain Were defeated, Would not "close. Telonttssly on this hemisphere"
Beeatse "the criminal leaders who arted this war will suffer inevitable lisaster™ it Wey fal to. gain control of the seas, according to. Mr. Noose ells they' are therefore risking tveryihing' on the ght for contract the ocean lanes.
Text read from the printed page and cleaned; old type leaves the occasional error.