-18- industrial structure and probably the adoption of stringent government control over business. It can also hardly be doubted that the victorious powers would endeavor to destroy our morale by boring form within. This would necessitate the initiation of counter measures that would restrict severely the liberty of the individual and the press. In short, America, alone in a jealous and hostile world, would find that the effort and cost of maintaining "splendid isolation" would be such as to bring about the destruction of all those values which the isolation policy had been designed to preserve. ***** |