Word: londoners
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Dates: during 1930-1939
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...took less than 48 hours last week to send all these facts and factors over the dam. The people who own most in the world are supposed to know a good deal about what goes on in it. Obviously Herr Hitler caught them napping, for in Berne, Amsterdam, London, New York, markets fell last week and kept falling as big investors hastily unloaded in something very like a panic. If they had not known what Chancellor Hitler was going to do last week until he actually did it, how could they tell what he was going to do next...
...each other in denunciations of Fuhrer Hitler. British Prime Minister Neville Chamberlain officially and publicly buried his appease-the-dictators policy and announced that henceforth what happened in southeastern Europe was decidedly Britain's business. The British Cabinet met in two special sessions, and King George hurried to London from a week-end in the country. A faction led by Sir John Simon, Chancellor of the Exchequer, was said to feel that Dictator Hitler could not be stopped this side of Turkey, that Poland, Rumania, Hungary, Bulgaria, Yugoslavia and Greece must inevitably be his if he wanted them...
What the British could do to harry Hitler at once they did. Like the French they recalled their Ambassador "for a report." Like the U. S., they refused to recognize the seizure and thus locked up an estimated $60,000,000 worth of Czech funds in London. The U. S., in addition, set up a 25% higher tariff wall against the products of Greater Germany (see p.11...
...there are many moldy spots in his prize package. About $37,000,000 of Czech gold is held in London, and since London refuses to recognize the new status of Czecho-Slovakia it cannot now be redeemed by the Germans. Not much more than 60% of the foreign exchange and as sets can be liquidated and returned to Germany. The chances are that from gold and foreign exchange the Reich will be able to realize not more than $200,000,000, or about enough to smooth out things for the Nazis for another six months. Even Austria yielded more money...
From the CzechoSlovak seizure Germany will get seven major armament and several aircraft & engine plants. The arms factories consist of the four plants of the Skoda works, a big subterranean plant in Slovakia, the famed Witkowitz plant near Moravská Ostrava, partly owned by the Rothschild banking interests of London, and a government-owned steel works at Kladno which manufactures rifles, revolvers and sabres. Other valuable things produced by Czecho-Slovakia were the air-cooled Tatra and Walter airplane engines. None of the arms factories, however, can be run without substantial imports of raw materials. All told...