"It they are limited to continuing land war......in the end their whole structure will break into little pieces." the President added.
Mr, Roosevelt then paid high tribute 10 "the silenced people" in occupied countries who "will prove "Your, Government Knows what would impose." the President deciared. "They are indeed the only terms fon which he would accept a so-called negotiated peace."
"Under those terms, Germany would literally parcel out the world, hoisting the swastika over vast tore witanes and populations and setting puppet Government of its own choosing.
Mr. Roosevelt declared that a triumphant Herr Hitler would make "tp the Americas the promises and slatemenis made to Austria and the. Nazi system."
'The President declared that all 'American history was tied up with the words. freedom of the seas, and reviewed past naval actions to' protect this freedom. He noted the effectiveness during "the first World War" of convoys. and then declared thay "in this second World War. the problem is greater because the attack freedom of the seas is four-fold: firstly, by improved submarines; secondly, by much greater use of heavily armed raiding cruisers and hit-and-run battleships; thirdly by. bombers; and fourthly by destruc of merchantmen in ports accessible to bombers."
Not Mere Speculation am mot speculating about all this" the President added. "I only repeat what Is already in' the Nazi book of world conquest. They plan treat Latin-American nations a3 they are now. treating he Balkans. They plan to. strangle the United States and Canada.
"The American Inbourer would have to compete with the slave Jabour of the rest of the world, wages and hours would be fixed by Herr Hiller., The dignity, power and standard of' living of the American farmer would be gone. Trade unions would become historical relies."
Text read from the printed page and cleaned; old type leaves the occasional error.