-7-
 
      
 
 
China were ripe. It would, in any event, be the height of 
      optimism to expect Russia to come to the aid of the United States 
      after a victory of Germany, Italy and Japan over the British 
      Empire.
 
      
 
 
The air factor, also, cannot be overlooked. The effective 
      radius of bombers is increasing rapidly and to this danger must 
      be added the potential threat of aircraft carriers and of air 
      raids from bases in Latin America. When all these possibilities 
      are assumed, it appears clear that the United States would be 
      forced to construct at an enormous cost, a naval and air armament, 
      requiring sacrifices in time of peace on the part of the American 
      public which it would be difficult for a popularly elected Government 
      to demand.
 
      
 
 
The preceding examination of the American position in the 
      event of the destruction of the Empire warrants the deduction 
      that the United States, with the aid of a gigantic expansion 
      of armaments should be able, for a time at least, to defend North 
      America from any actual invasion.
 
      
 
 
If, however, it was subject to attack simultaneously on both 
      the Atlantic and Pacific fronts, and if Latin America were to 
      fall under Fascist or Nazi control, there would be more than 
      a 50-50 chance that even though these attacks were repulsed, 
      the ensuing