surpassed the forecast of hte president which but a few months ago seemed   
fantastic.  Our shipyards are producing ocean going ships for combat and   
commerce at a rate hitherto undreamed of.  The entire industry of the   
world's greatest industrial nation is now directed to on only objective--   
to manufacture, by mass production methods in which we excel, the   
implements of war.  We have only begune and yet we have already surpassed   
the arms output of Germany at Her peak.  The world has never seen such an   
avalanche of war weapons, manned by skilled mechnics and stout hearted   
freemen, as we shall loose in 1943 and 1944 against the Axis.  In the some   
few sectors, we have already taken the offensive, months ahead of our   
original plans.  That offensive will rise in irresistible crescento, more   
and more rapidly, more and more powerfully, until totalitarianism, with   
 menace to religion and freedom, is finally and utterly crus
 
                                                            
 
 
The Axis knows this, knows that its ill-gotten gains cannot be held by   
continunig the war.  What they won through treacherous war, they may now   
try to retain by a treacherous peace.  They timed this war to begine when   
they were at the zenith of their strength,  and when  the freedom and   
peace-loving nations ere unprepared.  Their plans have miscarried; now we   
have reason to believe, they are casting about for someone to make a peace   
proposal which will enable them to escape the inexorable results of defeat   
in the field.  It is the first sign of a break in Nazi confidence: Their   
        peace offensive is a confession of weakness.        
 
                                                            
 
 
We Americans are new at world politics.  Our geographical   
                          position