Word: chancellor
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Dates: during 1920-1929
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...spite of many rumors, and French charges, that the President-elect is likely to use his powers to aid the homecoming of the Hohenzollerns, his powers are strictly limited. He receives diplomats and State visitors, dissolves the Reichstag (but only on the recommendation of the Chancellor), signs treaties, acts and other instruments which, however, are not valid without the signature of the Chancellor or the responsible Cabinet Minister. The President makes all appointments on the Chancellor's suggestion, does not choose Cabinet Ministers, but does appoint the Chancellor. His one unrestricted right is that of dismissing the Cabinet...
Leaving Field Marshal von Hindenburg reading congratulatory messages from the Queen of Sweden (who said: "God has helped") the Landgrave of Hesse, Grand Duke Friedrich August of Oldenburg, Duchess Paul Friedrich of Mecklenburg, Princess Adelaide of Saxe-Meiningen and Prince Rudolf of Lippe, countless Generals and others (see above), Chancellor Hans Luther returned to Berlin, attended a session of the German Industrial and Commercial Conference and, amid the noiseleosness of intense interest, made a few short statements of the Government's policy...
Already the assembled business men had forgotten the resplendent Field Marshal President. Realities remained, and of them Hans Luther was the master. They concentrated on his rosy face, his shining eyes-the "typical" figure of a youngish German. (The Chancellor is only 46.) They remembered him as the onetime Upper Burgomaster of Essen who twice was summoned to appear before the French General of Occupation, who twice refused-and the General came to him. They saw him now as the hard-headed hero who first balanced the budget and stabilized the mark, and who had done it "not by genius...
Evidently Chancellor Churchill's step in restoring the gold standard has established a new milestone in European recovery from the War. Nonetheless, the European outlook is still highly uncertain, with mutterings in the Balkans again proving a disturbing factor. The British action may go far as a valuable example to other nations in halting false economic doctrines regarding debts and currencies. This, plus the Experts' Plan already in operation, is probably the most constructive step yet taken in War reconstruction abroad...
...outstanding event of the month?perhaps of 1925?was the official resumption, last week, of the gold standard in Britain. Chancellor Churchill took his usual bold way. He resumed by resuming. Credit and trade in the U. S. as well as abroad was stimulated. His announcement showed how impressively Britain has buttressed her gold position to acquire a credit of $200,000,000 with the Federal Reserve Bank of New York, as well as one for $100,000,000 with J. P. Morgan & Co. It is probable that these credits will never be needed. In addition, the current Bank...