A. That is one of our popular fallacies. We proclaim this doctrine at the same time that we use tariffs to protect American industry from the products of foreign workers who receive lower wages than American workers. Japanese manufactured articles, the cheapest in the world because they are made by virtually slave labor, were able to flood our market in spite of our high tariffs. For ordinary mass production, for nearly every type of manufactured article save quality goods, slave labor is more profitable than free labor. If it is not so efficient, it makes up for that by being so much cheaper. If Hitler were to get his slave Europe organized, he could turn out products which would undersell anything we could make. Q. _Wouldn’t he try to make us take his goods also?_ A. He would. We are talking now of the alternative to our going to war and defeating Hitler. We are visualizing the situation as it would be after Hitler had won, and had made all of those arrangements with the rest of the world which we have described, and was now in process of adjusting his Empire to the United States, or rather of adjusting the United States to his Empire. We are discussing now how we would have to behave if we wished to continue to be at peace with Hitler. We would of course have to make some kind of trade agreement with him. What kind of trade agreement do you think Hitler would propose? We can suppose he would offer us the same kind of agreement he has concluded with other states before they fell, or before they volunteered to become his vassals--the sort of agreements he had with Jugoslavia, or Greece, and with Hungary, Rumania, and Bulgaria. These agreements provide that German goods may enter at lower tariffs than the goods of other countries or that tariffs on German goods are abolished altogether, and usually the country concerned must promise to take a minimum quantity of whatever articles Germany wishes to export. If we hoped to have any kind of trade agreement with the victorious Germans at all, it would have to be one like this. We should probably have to consent to receive German goods in such quantities and at such prices that our own industry would step by step be ruined. This would be the German aim. They intend to make German industry not only the only industry in Europe, but the master of the manufacturing world. They intend to wreck any industry they cannot control. Q. _But you don’t think we would put up with such treatment as that, do you? It would be better to go to war, wouldn’t it?_