The myth of fascist efficiency has deluded many people.

The dangerous American fascist is the man who wants to do in the United States in an American way what Hitler did in Germany in a Prussian way.

Our chemical and other manufacturing concerns are all too often ready to let the Germans have Latin American markets, provided the American companies can work out an arrangement which will enable them to charge high prices to the consumer inside the United States.

Monopolists who fear competition and who distrust democracy because it stands for equal opportunity would like to secure their position against small and energetic enterprise.

This is a fight between a free world and a slave world.

Still another danger is represented by those who, paying lip service to democracy and the common welfare, in their insatiable greed for money and the power which money gives, do not hesitate surreptitiously to evade the laws designed to safeguard the public from monopolistic extortion. American fascists of this stamp were clandestinely aligned with their German counterparts before the war, and are even now preparing to resume where they left off, after "the present unpleasantness" ceases.

The European brand of fascism will probably present its most serious postwar threat to us via Latin America.