This country cannot afford the deceptive luxury of waging defensive warfare.
As in the war of 1941-45, our victory and our survival depend on how and where we attack.
There is a serious, immediate and extraordinarily grave threat to the continued existence of this country.
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.
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.
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.
Moreover, the accomplishment of Russia's aims has been greatly simplified by the fact that we have heretofore offered the world no practical antidote for the Russian poison.
The present danger which this country faces is at least as great as the danger which we faced during the war with Germany and Japan. Briefly stated, it is the very real danger that this country, as we know it, may cease to exist.