Discussions without end have been devoted to the subject of peace, and the efforts to obtain a general and lasting peace have been frequent through m… - George Marshall

The truth of the matter is that Europe's requirements for the next three or four years of foreign food and other essential products — principally from America — are so much greater than her present ability to pay that she must have substantial additional help or face economic, social, and political deterioration of a very grave character. The remedy lies in breaking the vicious circle and restoring the confidence of the European people in the economic future of their own countries and of Europe as a whole. The manufacturer and the farmer throughout wide areas must be able and willing to exchange their product for currencies, the continuing value of which is not open to question.

The one great element in continuing the success of an offensive is maintaining the momentum. This was lost last fall when shortages caused by the limitation of port facilities made it impossible to get sufficient supplies to the armies when they approached the German border.

You know, I know, all of us know that the time factor is the vital consideration — and vital is the correct meaning of the term — of our national defense program; that we must never be caught in the same situation we found ourselves in 1917.