Word: englander
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Dates: during 1930-1939
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Meanwhile, as Canada fussed over last-minute details for Their Majesties' 26-day train tour of the Dominion (and five-day visit to the U. S.), the liner Empress of Australia, bearing their precious persons from England, groped through blinding fog, shied away from towering icebergs and treacherous, low-floating "growlers," made hooting, painfully slow progress westward. It was a bad crossing from the start. Three days out George had to muffle up and Elizabeth stayed mostly indoors as a 60-mile gale whipped the Empress, tossing up mighty waves that washed over her gunwales. The wallowing sent many...
...aristocratic landowner from Pomerania in the backward German east, Bismarck cared little for the doctrines of economic freedom from feudal interference that were popular in free trade England. He made German capitalism an "assisted" capitalism, far more consciously purposeful than the economic systems of the west. Price-fixing and market-sharing cartels were encouraged; protection was granted to both agriculture and industry. The Prussian railroads were bought for the Prussian State, and the Social Democratic trade unions were won over to the paternalistic system partly because of the general pre-War prosperity and partly because Bismarck had introduced sickness, accident...
Before the World War Germany was a rich creditor nation, with an estimated 35 billion marks invested abroad. Although she imported more than she exported, income from this overseas capital and revenues from a merchant marine second only to England's were more than enough to make up the difference. To back a note circulation of 1,800,000,000 marks the Reichsbank held 1,370,000,000 marks in gold-double the coverage considered normal in 1914. Another two billion marks in gold currency were in circulation among the people. These liquid reserves made it easy for Germany...
...these equilibrist schemes grew the blocked currency accounts and the barter devices, with the Germans paying foreign exporters in special marks good only for German goods at a price lower than the internal price level. Boycotts and currency difficulties kept lopping off chunks of normal German trade with England, the U. S., and Soviet Russia, but export subsidies to the extent of 30% of the value of all German exports enabled Nazi businessmen to quote speciously attractive prices to the Balkans and South America, regions with surpluses of grain, tobacco, oil, cotton, coffee and cocoa. Between debtor nations the system...
...March the Nazis decided to fight fire with fire. "Our enemies," went the Nazi boast, "will soon realize that we are superior to them in the ether as well as in the air." On the day of the Memel occupation, Germany inaugurated medium-wave broadcasts in English, directed at England. The first "Heer iss Hamburg" bulletin depicted Nazi Memel as a "hurricane of happiness...