Captain Flag was one of the more interesting villains in comics; he adopted a patriotic costume that made folks assume he was on the side of Right and the Constitution and Industry and God (R-Heaven), but he was a total bastard who haunted circuses, waiting for the moment he could grab flame-haired dames in the middle of their high-wire acts.
Well, no. But that would be different, at least. Instead, we have another Captain America wannabe, complete with Red Skull-like villain. This guy with the shiv is the Black Hand. Not only does Captain Flag defeat him, he helps the crew of a ship string up the Hand and hang him on the spot.
Thern te's the matter of Richy and his dog named after an ape, but let's leave that one be.