HUGH MARTIN, Managing Director. of powers. The Far. East Pacific will then be as untenable for surface fleets as the North Sea and Aegean Sea are today.
American navy is thus in a position to make itself temporarily effective. Whether we exercise that power positively, by fighting and defeating Japan, or negatively, by scowling and frightening off aggressors in the Pacific, our investment in naval construction will have been In any event there is little, logic in conserving naval force for use later. When that "later" arrives, air power will have cancelled. out most of the naval functions anyhow. We can be bold at this juncture ju in-ye naval tonnage which, in the natural course of events, will become obsolete—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.