The time has come when we must proceed with the business of carrying the war to the enemy, not permitting the greater portion of our armed forces and… - George Marshall

These opening remarks may lead you to assume that my suggestions for the advancement of world peace will rest largely on military strength. For the moment the maintenance of peace in the present hazardous world situation does depend in very large measure on military power, together with Allied cohesion. But the maintenance of large armies for an indefinite period is not a practical or a promising basis for policy. We must stand together strongly for these present years, that is, in this present situation; but we must, I repeat, we must find another solution, and that is what I wish to discuss this evening.

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.

We are determined that before the sun sets on this terrible struggle, Our Flag will be recognized throughout the World as a symbol of Freedom on the one hand and of overwhelming force on the other.