-8- resources, she is going to back the control of the oceans by the democracies, which has been the ultimate basis of her own and their security in the past, or whether she is going to let it go, allow the totalitarian powers to dominate not only Europe and Asia but the oceans also both politically and economically, and content herself with building up an armed ring fence round North America by occupying all vital positions l000 miles from her shores. On that view the retreat of the democracies has gone so far, that there is, for the United States, now no middle course, for if she allows the European democracies to be defeated or squeezed into submission, she will no more be able to rely upon the armed resources of Britain and France in a crisis than they can now rely upon the armed resources of Czechoslovakia. The world, in fact, outside America will be totalitarian. From one point of view this analysis leads back to the Wilsonian thesis - that the United States must enter the struggle once more to "make the world safe for democracy" by overthrowing, by defeat or propaganda, the dictatorial systems. But there is another possibility. One of the most formidable pressures to-day, making for poverty, Communism or Fascism, arises from the political anarchy of Europe. Both the old British system of the balance of power and the League of Nations perpetuated the anarchy of armies, tariffs and sovereignties in Europe. The integration of Europe, either by a voluntary federation or through the dominating influence of one or more great powers is long overdue, and is essential to a decent level of living for its people and to peace. It is, in fact, taking place in the latter form through tile predominance of the Third Reich to-day. That may be fatal to France and England alone. But it would not be fatal to a democratic world united in self-defence. It is not impossible that peace and |