Word: federal
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...their hair. Results have met their worst fears. German business has slumped, not soared (TIME. July 10). Last week even Adolf Hitler could see that Nazi commissars had become too much of a luxury. They were all dismissed and German businessmen were heartened by a statement from Herr Gottfried Feder, famed "Ideologist" of the Nazi Party, who was appointed fortnight ago to a dominant post in the Ministry of Economics. Cried Herr Feder...
...Ministry. Economics, the other half. Chancellor Hitler split off last week and placed in charge of a steady-going German insurance tycoon, Dr. Kurt Schmitt. There was, however, a catch. Dr. Schmitt, a man of no political prestige, will have as his Undersecretary and mentor famed Gottfried Feder, the "Nazi Ideologist," inventor of the Party's distinction between two kinds of capital: raffendes or "grasping loan capital" and schaffendes or "creative industrial capital." In practice this distinction means that a Jewish lender or an industrialist who does not contribute to Nazi funds is liable to be denounced...
Basically Hitlerism is a doctrine of confused tenets, further confused by Orator Hitler as he goes along. Take, for example, the plain, basic word capital. No thinker himself, Herr Hitler has confessed that Hitlerism's tenets about capital are borrowed from a onetime building engineer, Herr Gottfried Feder, recently appointed by Chancellor Hitler to the Reichstag Finance Committee. According to Feder there are two kinds of capital: 1) raffendes or "grasping capital" hoarded in banks, from which interest or dividends is received by such rascals as Jews; and 2) schaffendes or "creative capital" which is the life blood...
...Germans read of the adjournment, they read also of the split: Gregor Strasser, national organizing director of the Fascist Party since it was founded in 1920, had suddenly resigned his Party office (though he remains a Party member) and Gottfried Feder, chairman of the Party's Economic Committee, had asked for a "long leave of absence...
...Strasser the Reich Minister of Interior if Herr Hitler would consent, that Leader Hitler had refused to let any Fascist enter a Cabinet until he, Hitler, should be Chancellor and that Herr Strasser, disgusted by this stand, had made his feelings known in the only way he could. Herr Feder and about 50 of the Party's 195 Reichstag Deputies were said to support Herr Strasser, arguing that it is madness to deny job-hungry Fascists government jobs...