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Approaching the subject of this address from the perspective of history. Outside forces that have often created a difficult situation in the Danube Basin. A history of Hungary and Central Europe, from the 11th century. The history of Hungary from the 16th century on until the World War consisting of recurring struggles for freedom. Hungary's foreign policy today dominated by two main factors: independence or German alliance. A discussion of the effect and the influence of Germany in Hungary, partly on interior policy and partly on the foreign policy of the country. Hungary's vulnerability to Naziism. Hungary's international position after the first world war which was worse than that of Germany. Friendship between the two countries not sincere. A short survey of national socialist movement in Hungary in order to understand the national policies of the country. Similarity between the English and Hungarian political history and the social structure of the two countries. The possibility of the Nazis coming to power in Hungary. The anti-Jewish law forced upon Hungary by German pressure. Limited support for the Nazis in Hungary by the army and the police. The speaker's opposition to Naziism. Hungary as a land of paradoxes, with illustration. No doubt that the largest Nazi Party in Hungary is a subsidiary of the Nazi Party in the Reich. The tendency of other nations to treat Hungary as an annex of the Third Reich. Hungary treated as an easy prey for German expansion. Hungarian foreign policy since the first world war with two major concepts: to safeguard her independence against the host of threatening elements and to recover those territories having in majority a Hungarian population of which she was deprived at the table of the Peace Conference. The lack of choice for Hungary's political alliance with Germany, and reasons for it. The desire by the Allies to help Hungary if she is attacked. Hungary's double historic duty today: to resist the western invasion on the part of the Germans and the easterly invasion of the Russians. Consequences if Hungary cannot hold back these invasions. A plan for escape by which the Italian King might become the King of Hungary. The solution in Hungary and Central Europe bound up with the establishment of the Federated States of Central Europe, or a Union of Central Europe, of every country in Central Europe, which will involve sacrifices in order to attain the ultimate objective. Consequences if the small countries do not hold together.