A Japanese carrier and two destroyers under attack.  
Wikipedia Commons

AMERICA'S third year of war closed with United States troops fighting in the Philippine Islands and along the borders of Germany. The fourth year opens with the end of the war in sight.

During the three years of global conflict the United States has transported 5,000,000 armed men overseas (up to November 1944), and has suffered 528,795 casualties.[i] We have lost a minimum of 3,750,000 gross tons of merchant shipping, but have built 45,000,000 deadweight tons; we have lost two battleships, nine carriers, nine cruisers, 50 destroyers and 32 submarines, but since 1938 we have built a fleet many times the size of the prewar Navy and larger than the combined navies of the world. We have lost 14,600 planes in combat and 17,500 through accidents in this country, but built about 232,403 planes between July 1, 1940, and September 30, 1944. Up to the end of the current fiscal year, the war will have cost the United States about 400 billion dollars in appropriations

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  • HANSON W. BALDWIN, military and naval correspondent of the New York Times; author of "The Caissons Roll," "Strategy for Victory" and other works
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