Word: third
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Dates: during 1940-1940
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Work Undone. Up to last week nobody had succeeded in charting the full scope of total U. S. Defense. But the President, with his third emergency estimate in two months, upped the prospective Defense bill for fiscal 1941 to $10,000,000,000-more than even he has needed in any previous year for the whole U. S. Government. Telling Congress what he proposed to do with the $4,848,171,957 which he requested last week, he laid down these vast objectives...
...much of the British Fleet would be enough to dominate the Atlantic cannot be precisely answered. That depends partly on the types of vessels which escaped and also on the losses of the Axis Fleet. In a general way, if less than a third of the British Fleet is lost to Nazi air attacks, torpedoes, mines and naval attack, the rest would be roughly equal in tonnage to the present U. S. Fleet. Whether it could protect the North American seaboard and still keep open the sea routes to Africa, while the U. S. Fleet stayed in the Pacific...
...this hypothesis there are many variations. A third of the British Fleet might be grabbed by Germany or surrendered. Or a third might make its way across the Atlantic. But in any degree of the hypothesis, next step for Germany and the U. S. would probably be the greatest naval race of all time. The U. S. Fleet would have to be brought into the Atlantic, for Japan does not present a threat of invasion from the West in any way comparable to Germany's threat from the East...
...with either of them can be long relied on. At best the U. S. can hardly hope for more than to induce one of them to join it in a three-handed game, in which two of the players looking after their individual interest would try to prevent the third player, Germany, from gaining a commanding lead...
...France realization came too late to save the Third Republic and democracy. Bewildered by what had happened to them, the French people needed time to relearn the lessons they had forgotten. For the present the most that could be salvaged was the nucleus of the French nation, and even this was in doubt. To try to save as much as they could, by whatever means they could, was the self-appointed task of the self-appointed leaders of what was left of France...