| Issue | #2 |
| Published | December 1941 |
| Frequency | Quarterly |
| Cover Price | 0.10 USD |
| Pages | 68 |
| Editing | Richard Hughes (uncredited) |
| Characters | Columbia |
| Genre | fact |
| Pencils | Alex Schomburg |
| Inks | Alex Schomburg |
| Synopsis | "We live in a world at war."... "Read REAL LIFE COMICS to ready yourself for the days ahead-..." |
| Script | Richard Hughes ? |
| Letters | Typeset |
| Characters | Billy; Columbia; Caligua; Cassius Chaerea; Velasquez; Hernando Cortez; Montezuma; Guatimozin; Diego; Ivan the Terrible; Toussaint L'Ouverture; Napoleon; General Leclerc; Dessalines; Henri Christophe |
| Synopsis | The story of tryants. |
| Genre | Real Fact |
| Script | G. L. Evans |
| Pencils | August Froehlich [as A. M. Froehlich] |
| Inks | August Froehlich |
| Letters | Ed Hamilton |
| Characters | Sir Francis Drake; Queen Elizabeth I; Tom Moone; John Oxeham |
| Letters | Ed Hamilton |
| Characters | "Billy" Mitchell |
| Synopsis | General Mitchell believed that planes are important in war. |
| Pencils | Maurice Gutwirth (signed) |
| Inks | Maurice Gutwrith |
| Letters | Ed Hamilton |
| Characters | Richard The Lion-Hearted; Albert; Caruthers; Blondel; Mighty Saladin; Phillip Augustus; Duke Leopold; John the Evil |
| Genre | Fact |
| Script | W. B. Smith (signed) |
| Pencils | W. B. Smith (signed) |
| Inks | W. B. Smith |
| Letters | Ed Hamilton |
| Characters | Thomas Woodrow Wilson; Ellen Wilson; Archduke Francis of Austria |
| Genre | Fact |
| Letters | Ed Hamilton |
| Characters | "Pat" Christie |
| Synopsis | (June 1940) Christie in an unarmed plane attacked enemy's plane forcing it to crash land. (September 1940) Christie crashed and forced to return to recoup in Canada. |
| Script | William E. Rowland ? |
| Pencils | William E. Rowland |
| Inks | William E. Rowland |
| Letters | Ed Hamilton |
| Notes | George Patterson "Pat" Christie (October 1917 - July 1942) |
| Genre | Fact |
| Script | Charles S. Strong |
| Letters | Typeset; ? |
| Characters | Black Hawk; Abraham Lincoln; Ann Rutledge (as "Anne"); William Berry; General Atkinson; Red Bird |
| Synopsis | Black Hawk meets Abraham Lincoln in battle. |
| Genre | Fact |
| Letters | Ed Hamilton |
| Characters | American Crusader |
| Synopsis | first appearance to be in August #19 of Thrilling Comics. |
| Genre | Superhero |
| Letters | Ed Hamilton |
| Notes | House ad for August issue of the monthly Thrilling, appearing in the December quarterly issue of Real Fact; suggesting that these two issues appeared in the same month (circa June 1941). |