CZECHOSLOVAKIA
[ITEM 1] [Handwritten notes]
* * * of the Fuehrer: [semi-illegible]
1. Does Mussolini regard his work as completed or not.
a. if so, close future boundary of Czechoslovakia, West; then wait and see. "Return with the bag empty."
b. if not, then the "Empire" of Africa. Impossible without German help. Czechoslovakia is a preliminary condition. "Return with Czechoslovakia in the bag."
2. Mussolini, who is no illusionist, can definitely assess Germany's military potentialities. Therefore he will suit timing of his aims with that.
3. Against France and England problem of Czechoslovakia can be settled only if still allied with Italy. France and England will not intervene. (Only to overcome the four-week re-grouping period.)
4. Living under a common fate. (Example, 1805 and 1806)
5. State of Armament: comparisons relative but in our favor:
a. Deliveries of ores: France—600,000 tons; Germany—2 million tons.