Evening star., 1941-02-23
Wallace Warns
Of Sacrifices in
Defending U. 5.
Must Be Willing to
Give Lives, if Need Be,
Vice President Says
(Tert on Page A-4.)
BY the Associated Press

BY the Associated Press.
DES MONIES. Iowa. Feb. o.
Vice President Wallace said tonight
"the price of democracy and peace
on this hemisphere is based on our
being more willing than the Nazis
to sacrifice our goods, our time, and,
if need be, our lives"
He made this assertion in an adj
dress prepared for the National
Farm Institute, and, it was under
stood. read and approved by ,PreSi-
dent Roosevelt 1t was his first ad-
dress since he assumed the Vice
Presidency.
Our only hope for peace is to
prevent England from being de-
stroyed by the Nazis," he declared.
Let those who fear the conse-
quences of war keep that in MIND" "
Sees L. S. in Peace Role.
Then. looking toward a time when
Nazi-ism is defeated" Mr.. Wallace
said the United States has the re-
sources. the inventive genius and
the heart" to do "the Job of peace
in gaining higher living standards
for common men the world over.
We shall look forward to the
time when no man will 60 hungry,
he said.
The Vice President added that
the wisdom of American action in
the first three years of peace will
determine the course of world his
tory for half a century
In aiding Great Britain, Mr.. Wal
lace said. we are driven by the
most selfish of motives-self pres
ervation.
Given sufficient time to arm, we
will be able to repel any immediate
armed invasion. I doubt our ability
to repel the economic attack which
would follow the downfall of Eng
land"
Warns of i-DOminatiOn.
Mr. Wallace, who recently made
a goodwill trip to Mexico and IS
expected to visit other Latin Ameri-
can countries in the future, de-
clared the idea of Pan American
solidarity has been IAN ever-grow-
ing one" but asserted:
"A complete Nazi victory will
first result in Nazi domination Of
South America and the effort %
dominate Our own United States.
All of Europe and Africa will be
co-ordinated and the Nazi Quis-
lings in South America will at once
drive for political power. Nazi Ger
mans will endeavor, by skillfully 5i-
rected trade, to determine the eco
nomic structure of every country in
the world. Z"
The only hope of keeping even
part of our pre-war markets for
wheat. cotton, tobacco. pork products
and other agricultural commodities
is Hitler's defeat"
The fact that 100000 Americans
are supported by foreign trade, the
Vice President continued. makes
complete trade isolation unthink-
able
Sees Victory In Long Run.
Declaring democracy will win
over "Nazism' in the long run, Mr..
Wallace continued:
"AS time goes on, the United
States will be in a position to give
England the supplies and munitions
necessary for victory. The German
fighting machine weakens with use;
England,s power grows daily with
our aid.
Hitler must strike soon. The
speed of our production will deter
mine the date of Hitler's defeat.
This is no time for quisling or
quibbling'
Mr.. Wallace said that those who
believed this country could live
peacefully and we'll in world of
triumphant Nazism simply do not
know what they are talking about"
In such a world" he said. I'VE
shall have the choice of being slaves
or fighting, or going despotic our
selves"