Transcription: south lay the real treasure. The East Indies with their oil, their tin, their rubber. England, France, and Holland were all engaged far on the other side of the globe. The Japanese had little to fear from them. In treacherous defiance of treaties, he had already fortified the mandates to the east. With the riches of the Indies in in his hands, he could stand like a colossus across the ocean trade routes of the Orient. The only power the Japanese aggressor had to fear was an opposing sea power. He dealt with it, Japanese style. Hawaii, Midway, Wake, Guap, the Philippines. With our fleet immobil ...