brook and a large number of London investors in United
States securities, especially utilities, were very active in New York
in fighting the Administration. There is a "deal" between the
Beaverbrook and Hearst Press associations for the same purpose. This
supports the accounts I gave you a week ago about what is being done
here by Propaganda people. They have been urging Kermit Roosevelt,
thought to be against his distant cousin, to attend the grand Partei
Tag show in Nurnberg, September 8-15. Kermit is reported to be in
Switzerland where Schurman is supposed to be.  A correspondent of the
United Press was in Londona little while ago. He wrote an account to
America of what came to him about London business men against
Roosevelt.  His chief over there telegraphed him refusal to print and a
rebuke for telling the story, especially as he had said the British
government was opposed to such conduct.  Hearst as you know is now in
Italy with Mussolini to whom he secured great loans, McAdoo helping,
from California a few years ago. All of these activities, among many
others already given public attention, point to the possibility of
Fascism in our country. We have not yet ascertained whether London and
New York have made recent loans to Rome, as reported two weeks ago.  
 
 
Our country has certainly permitted "interests"