This report looks at the pros and cons of the alliance with Japan, in which the United States maintains exclusive use of 89 military bases in Japan and, in exchange, guarantees Japan's security. The alliance has endured over 50 years, through periods of intense partnership and stretches of political drift; this report reevaluates the relationship based on international developments.

This report discusses issues regarding U.S.-Japan economic relations, since the economic condition of each nation can affect the world economy and a U.S.-Japan bilateral economic relationship could influence economic conditions in other countries. U.S. and Japanese leaders have several options on how to manage their relationship, including stronger reliance on the World Trade Organization; special bilateral negotiating frameworks and agreements; or a free trade agreement.

Front: Text describes action on various war fronts: Western front battle, Pressure on Budapest, German attack in Italy, Ormoc Falls: B-20s active, Far Eastern front. Maps: European front, The Saar, Hungarian front, Pacific action, Leyte area. Back: Text highlights "Preventive Maintenance" and describes the need to take care of ordnance equipment and "keep 'em rolling." Illustrations of 18 types of mobile ordnance are labeled.

Front: Text describes Pacific action. Map: Pacific action. Inset maps: Yanks push north on Luzon; Allied troops in New Borneo landings; Japs fall back toward Fr. Indo-China border. Back: Save : don't help delay V-Day! Illustration of fist raised in V for Victory sign with text admonishing no waste of materials.