Word: papen
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Dates: during 1930-1939
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...Inflation, No Joke. First act of Chancellor von Papen was to confer with Dr. Hans Luther, President of the Reichsbank, and issue a communique that there would be no inflation, whereupon German securities slumped...
Cabinet Protested. Though Chancellor von Papen is a Privy Chamberlain to His Holiness Pope Pius XI, though he comes of a family rich for generations, and though he owns Germania, newsorgan of the Catholic Centre Party, he was promptly expelled from the latter's ranks on assuming the Chancellorship. Other Catholic Centrists sympathized with Catholic Centrist Dr. Brüning. When Chancellor von Papen attempted to call on Dr. Brüning he was not admitted, was curtly told that the former Chancellor was "in bed suffering from nervous heart attack...
Parliamentary experts told the Chancellor that if he dared to face the Reichstag his Cabinet would be overwhelmingly defeated. Therefore Protege von Papen asked Patron von Hindenburg to dissolve the Reichstag, which he obligingly did. Within 60 days a new Reichstag must be elected?but in less than ten days Germany must send a delegation to the Lausanne Conference, which all the world hopes will untangle Reparations, War Debts and German private debts...
Thus for better or for worse Chancellor von Papen will hold supreme directive power during one of the most trying crises faced by the Reich. To dismiss his Cabinet of Monocles as a bad joke became impossible...
...post while snubbing or cutting direct visiting German Republicans. Dr. Stresemann, who placed Franco-German relations on friendly terms for the first time since the War, may well have turned in his grave at the appointment of Baron von Neurath as his successor. On the other hand Chancellor von Papen may decide to head the German delegation himself. Paradoxically, the Chancellor is rumored, as a man of business and trade, to have notably friendly relations with Frenchmen whose moneyed interests parallel...