It is this fleet of course that will win the war.

The beginning of the end--however far off yet the end may be--is already visible by reason of the economic pressure on Germany.

But for this fleet, by the way, London would be in ruins, all its treasure looted; every French seacoast city and the Italian peninsula would be as Belgium and Poland are; and thousands of English women would be violated--just as dead French girls are found in many German trenches that have been taken in France.

Hence I greatly respect the British fleet.
We have a good navy, too, for its size, and a naval personnel as good as any afloat.

I hear--with much joy--that we are going to make our navy bigger--as much bigger (God save the mark!) as Bryan will permit.
Now, whatever the future bring, since any fighting enterprise that may ever be thrust on us will be just and justified, we must see to it that we win, as doubtless we shall and as hitherto we always have won.