I can only surmise as to the military, political, and economic situation that would exist in the Atlantic should the British Empire collapse. Since Latin-America has rich natural resources, and is the only important area of the world not now under the practical control of strong military pourers, we can not dismiss the possibility that, sooner or later, victorious Axis nations might move firmly in that direction. For some years they might remain too weak to attack directly across the sea; their effort more likely would first be devoted to developing Latin American economic dependence, combined with strongly reinforced internal political upheavals for the purpose of establishing friendly regimes in effective military control. The immediacy of danger to us may depend upon the security of the Axis military position in Eastern Europe and the Mediterra- nean, the degree of our own military preoccupation in the Pacific, and the disturbing influence of unsatisfied economic needs of Latin-America. The present situation of the British Empire is not encouraging. I believe it easily possible, lacking active American military assistance, for that empire to lose this war and eventually be disrupted. It is my opinion that the British are over-optimistic as to their chances for ultimate success. It is not at all sure that the British Isles can hold out, and it may be that they do not realize the danger that will exist should they lose in other regions. -4- |