I believe in America because we have great dreams, and because we have the opportunity to make those dreams come true.

But if we had to trade with a Europe dominated by the present German trade policies, we might have to change our methods to some totalitarian form. This is a prospect that any lover of democracy must view with consternation.

A true world outlook is incompatible with a foreign imperialism, no matter how high-minded the governing country.

When we talk of freedom and opportunity for all nations, the mocking paradoxes in our own society become so clear they can no longer be ignored.

Today it is becoming increasingly apparent to thoughtful Americans that we cannot fight the forces and ideas of imperialism abroad and maintain any form of imperialism at home. The war has done this to our thinking.

If we want to talk about freedom, we must mean freedom for others as well as ourselves, and we must mean freedom for everyone inside our frontiers as well as outside.

If the British Fleet were lost or captured, the Atlantic might be dominated by Germany, a power hostile to our way of life, controlling in that event most of the ships and shipbuilding facilities of Europe.