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Show World Peace Forces See Hope Of U. S.-British Navy Alliance By dewitt Mackenzie Associated Press Staff Writer ' Britain'! record-breaking armaments program, involving the staggering expenditure of $7,500,000,000, and the intimation from Washington that the United States will compete in the naval sphere and build ship for ship, has given rise to the inevitable speculation about world-peace alliance between the two countries. Statesmen have toyed cautiously' with the idea, but few have got beyond be-yond such guarded comment as that, for example, of England's famous fa-mous Winston Churchill, who has advocated a friendly association between be-tween the two countries for world pe.ee. The point Is, of course, that Britain and America would make such a formidable combination that no other nation or group of nations would be likely to challenge this pair, or disregard their wishes. It would amount to a world dictatorship dic-tatorship if ths two countries desired de-sired to maks It such. In the matter mat-ter of finance alone they would be able to apply dictatorial pressure from which there would be no escape. es-cape. Other nations have to come to them for money. Ths rsmark often is heard In England En-gland that America and Britain would make a more powerful "league) ef nations" than ths one ia Geneva. Navies of England and America are by far Us biggest afloat Ths two combined are larger, both la number of ships and in tonnage, than those of Japan, France and Italy together. The natural resources of both countries (counting the British empire em-pire as a whole) are vast. Ths United States is so nearly self-contained that experts aay shs could wage war Indefinitely on her own resources. No other nation could do that, excepting Russia. England and America between them have strategic bases In all parts of ths world, j All this makes an attractive pie-' pie-' ture to thoss who favor an alliance. However, aa alliance might involve I America ia a European conflict ia which she had as direct interest. J5 |