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(saving) money by means of the UNO and some international bank for the rehabilitation of the world." (Page 45) . Simultaneously HENRY WALLACE warns and makes the American industrial and financial magnates attentive of the fact that policy to the contrary can have very unfavorable results for the American capitalism. He recalls that the condition of things in the USA are by. far not so favorable as the monopoly press represents them to be, and he writes: "....The people canot be led constantly by the American press. If the big business through stupid mistakes will cause great crisis when administering the country, then great political revolution may take place in America, regardless what viewpoint the press will take." (Page 34) ee wees In his book, WALLACE decidedly goes out to see the improve~ ment of the relationship between the Soviet Union and the USA. He considers it to be the most important problem of today. WALLACE submitted several times by word of mouth as well as in writing his program how to do away with the differences in opinion between the USA and the Soviet Union. Not long ago he formated it in an open letter to STALIN. It is knom that the Soviet government received this program as a real baseline for negotiations. The total progressive world public is supporting it. However, in Washington at the present time, the enemies of international cooperation are giving the leading tone. In his book, WALLACE points them out synonimously. Since 1933 he has been a member of the American Cabinet and later on the Vice President of the USA; therefore, as an eyewitness, he can state facts which characterize political tendencies of the ruling upper ranks. WALLACE writes about the unchanged anti-Soviet viewpoint of the reactionary American circles which support the fascist regimes, wherever they appear. WALLACE most decidedly and sharply turns against TRUMAN! s doctrine and the MARSHALL Plan. He develops his own plan of relief for the European countries which suffered by war. This plan would be carried out by the organs of the UNO. He would give an annual credit of five billions of dollars for these European states for the period of ten years. This credit would not be allowed to be connected with any conditions which by any means could limit the national independence of these comtries. In his book WALLACE submits a program of the Third Party he is leading. As to the foreign policy he is against the line which is leading towards war; he is in favor of international collaboration and