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does not pick up so that trade is generated for these countries, 
      we will have a situation that will far overshadow any political 
      maneuverings. Great Britain has the, same kind of stock market 
      we have; it is thin and nobody is anxious to buy anything. Armament 
      is keeping industry going and they are looking around for methods 
      of increasing taxation. There is some feeling in the industrialist's 
      mind that there is always a potential danger from Germany by 
      air raids, because London's political, financial and industrial 
      centers are practically all one and the same and a hostile air 
      fleet hit into a small part of London would put the whole place 
      out of commission. In a discussion yesterday with Inskip, Minister 
      of National Defense, the question was brought up as to the possibility 
      of this same air fleet keeping off ships carrying food to England, 
      but even though they think about this incidentally, the bankers 
      see the handwriting on the wall and are frightfully disturbed. 
      The standard of living, of course, is getting much worse in all 
      the countries of Europe except England, and they are finding 
      themselves more and more dependent on America's prosperity than 
      they ever believed possible.