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The article compares the economic conditions in the United States with those in Europe. The author says that the Americans will be vitally affected in the future by what is happening in Western Europe. The European businessmen have achieved a record that is enviable. Discounting the effects of the two world wars, the per capita economic expansion in West Germany, France, and Britain has been much faster than that in the United States since 1900. According to the author, the Europeans are beginning to feel a surge of new economic, political, social, and military power that is operating to the detriment of the United States. A recent survey conducted in France and Germany has shown that over 58 per cent of the French and 49 per cent of the Germans oppose encouraging the U.S. firms in their homelands. There is a greater interest in government affairs on the part of the European businessmen than in his American counterpart because there is a greater degree of government ownership and control of business activities in Europe than in the United States.