Beals has an extraordinary faculty for being right in his estimates of things that are in the wind. So one looks with keener interest at his analysis of what is happening in our Latin American neighbors' territories, than if some other commentator presented the facts. Beals presents figures and data to prove the increase of trade between Japan and the South American states; the increase of Nazi and Fascist influence; the decline of British trade and influence; and the shakiness of our own relations. He goes into the political, economic and social aspects; he confronts us with conclusive and frightening evidence. He holds out as the one salvation (in so far as the Nazi and Fascist situations are concerned), that -- though we seem to be backing them, they are after all not representative of the people. A book that anyone interested in our local international problems should read.