Word: ley
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With the respective cliques of General Goring, Propagandist Goebbels and Labor Front Leader Dr. Robert Ley all struggling for mastery of German economic and financial policy last week, Dr. Schacht himself went off to Essen and in this Krupp stronghold addressed a meeting of 400 directors of German savings banks. Some of them came out convinced they had heard the brusque, autocratic Reichsbanker squawk a guttural swan song. Others thought Dr. Schacht had delivered publicly just such an accounting of his stewardship as he might have made in private to convince the Führer that German economy must continue...
...merged with the radicals of the Nazi Party who have always had such slogans as ''Labor Creates Capital." German wits long ago compared radical Nazis to beefsteak: "brown outside, red inside." In the hierarchy of the State one of the most potent radical Nazi leaders is Dr. Ley who keeps on repeating his famed postulate...
Although supple and enterprising to the point of being Machiavellian. Dr. Schacht has the mind and technique of an orthodox banker. As Economics Minister he has browbeaten by sheer personality and held in check other bigwigs such as Labor Front Leader Dr. Robert Ley who as long ago as 1933 proclaimed: "He who organizes the profit mentality must go; he is a mortal enemy of the nation!" Nazi radicals like Dr. Ley have been trying to "get" Dr. Schacht all these years, but last week it was not they who got him. so far as correspondents could discover...
Last week Germany's Ley and Italy's Cianetti met to sign the first pact between Nazi and Fascist labor organizations. They denied they were founding a "Fascist Labor International'' but the alignment of their followers along the Hitler-Mussolini "Axis" was patent...
...Germany the similar organization has been copying the Italian model fast, outstripping it in the matter of proletarian pleasure cruise ships now slated to take the unprecedented number of 12.000 German toilers clear around to Tokyo in 1940 just to cheer German athletes in the Olympic Games. Announced Cianetti & Ley: "Our two labor fronts have agreed to consult each other before taking any international action, to recognize labor organizations affiliated with each other, and to exchange information and data...