Word: rearmaments
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This year, according to Schacht intimates, the Economics Minister & Reichsbank President has finally had to tell the German Government that in his opinion the sums being spent in Rearmament and on public works, party buildings and motor speedways throughout Germany must be drastically curtailed if the Reich is to keep up even its present show of Capitalist economy and stable money. The situation seemed to be last week that Herr Hitler remains no economist, and that Colonel Gőring will stop at nothing short of an actual crackup in his resolve to complete Germany's present Four-Year...
...less than three great nations of Europe might have been "those who wish to prevent Portugal's rearmament...
...surface the squabble seemed childish. The Portuguese Government ordered 600 light machine guns from Czechoslovak Arms Manufacturing Co. at Brno for its rearmament program. The factory first agreed to supply them, then demanded a written declaration that the arms were exclusively for the Portuguese Army, finally welched on the entire order. Portugal, insisting that the factory was actually Government owned and that cancellation of the order had been made "under pressure of those who wish to prevent or impede Portugal's rearmament," broke relations without further warning. Behind this act lay a simple inference...
...cables in which enemy planes were supposed to tangle like flies in a spider's web. Only one German plane hit the barrage, smashed through, escaped. Yet fear of the apron did force the attackers higher, thus impairing their marksmanship. This year, therefore, in its frenzy of rearmament, Great Britain is again preparing a balloon apron to be used for its psychological effect. How impressive this apron will be was last week indicated more dramatically than by any speech in Parliament. During tests at Cardington, a 50,000-cu. ft. balloon broke away, and before snagging in a tree...
These few facts are the one outstanding economic achievement of the Hitler. Government. Though most Germans are quick to admit that 90% of it is due to rearmament and the sudden expansion of the German Army, that achievement is the secret of Hitler's popularity at home...