flated ego imposed on the longer civilized Asiatics. Central Europeans, long deprived, now resentfully warring against the possessors, afford the Asiatic opportunity to hasten the departure from Asia of the whites, who culturally, politically, commercially and territorially are in retreat. Asia, the great motherland of our European races, religions, culture, is now awakened to a new life. It's too late for us to successfully Westernize, vulgarize or destroy it.
But Britain has so long strutted over the earth and ruled the waves that she cannot retreat gracefully. Her acquired political skill, learned and adapted from the Eastern tycoons and maharajahs, still enables her to induce others to fight her battles, and to reinspire even her outcast and rebellious colonials to new loyalties to her old symbols.
In this policy of rule or ruin, it begins to look like ruin. Faded for the most part are the 26 puppet states set up at Versailles to separate Germany and Russia, to balkanize Southeastern Europe, to deprive or dominate Central Europe and preserve the British Empire. The maritime buffer states, enriched from tropic empires in the Indies or Africa, protected by the British Navy,--they, too, have fallen. Now Britannia's hope of continuing to rule the waves lies in help from her distant colonies peopled by her former rebels and outcasts. Kept in line by preachments on morality and religion, they too may go down in ruin in the attempt to preserve civilization and morality among the indentured blacks of African gold mines, the Tamials of the rubber plantations, and the millions of malnourished malcontents of India.(19)
But the subservient subjects of the British crown in London loyally declare, "We'll hold out as long as we can, then we'll let the two yellow races, America and Japan, fight it out." (20)
December 30, 1940
From 1931 to 1935, an annual average of 19% of the total foreign trade of the U. S. (24% of its imports, 15% of its exports) was with the Far East or approximately $724,500,000 out of a total foreign trade of $3,738,000,000. Of