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...Funk's tour was perfectly timed to exploit German kudos won at Munich, but last week he was careful to point out how broad an economic foundation had been laid years before the Czechoslovak crisis for the present German drive of economic empire-building down the Danube...

Author: /time Magazine | Title: Foreign News: Funk's Finance | 10/31/1938 | See Source »

Most other big Nazis rant offensively, but not tiny, obese Economics Minister Dr. Walther Funk, whom Germans call the "gentlest of all the Nazis." He returned quietly to Berlin last week from a tour of the Balkans on which he notably overbid the British and French in extending credits-i.e., economic bribes for political favors. And the day after he got back, Poland thankfully accepted a German credit of 60,000,000 marks and, according to reports, Greece was put down by the German Economics Ministry for a credit of 100,000,000 marks...

Author: /time Magazine | Title: Foreign News: Funk's Finance | 10/31/1938 | See Source »

Since Munich the element of reluctance has given way to alacrity in the Balkans where Germany is concerned. Dr. Funk announced last week that the Economics Ministers of Turkey, Yugoslavia and Bulgaria have all "gladly accepted" his invitations to come to Berlin and talk further big business soon...

Author: /time Magazine | Title: Foreign News: Funk's Finance | 10/31/1938 | See Source »

...week flashed: "German planned economics is in essence a form of socialist production and distribution. Up until the recent downfall of Czechoslovakia, the conventional capitalist system of production and distribution was never really seriously challenged outside of Russia. Completion of a successful tour of the Balkans by Dr. Walther Funk . . . signals not only the fact that Germany has finally won the World War, but also that she has delivered the most serious blow the capitalist economic system has received since...

Author: /time Magazine | Title: Foreign News: Funk's Finance | 10/31/1938 | See Source »

Tactful Dr. Funk proclaimed at a Turkish banquet last week: "The principal desire of Germany is establishment of the closest possible cooperation among the nations-thus leading to their Welfare, Peace and Happiness." This was a different note indeed from Kaiser Wilhelm II's bluster about "Berlin to Bagdad" and the "Drang nach Osten" or German "pressure toward the East." Anxious to preserve the new amenities between Germany and Britain established at Munich, yet anxious, too, to cash in on Germany's freshly won kudos, Dr. Funk opened as quietly as possible a Turkish credit with Germany...

Author: /time Magazine | Title: GERMANY-TURKEY: 150,000,000 Bid | 10/17/1938 | See Source »

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