Word: reiche
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...story had spread for several days, the blood-red banner headline was startling. Proclaimed West Germany's raffish picture magazine Stern: HITLER'S DIARIES DISCOVERED. To trumpet its acquisition of 62 volumes dated from 1932 to 1945, the entire span of Hitler's Third Reich, Stern (circ. 1.87 million) summoned more than 200 print and television reporters from around the world to its art deco headquarters in Hamburg. There, at a self-congratulatory three-hour press conference, Editor in Chief Peter Koch announced: "I am 100% convinced that Hitler wrote every single word in those books...
...sweep of Hitler's hand and to understate some of his characteristic quirks, like curling the end of each line down and to the right (see box). Said Charles Hamilton, a noted New York City autograph dealer and author of a forthcoming book called Autographs of the Third Reich: "The genuine writing is full of power and force. In the diary samples that I saw, all the letters shake, as though they were drawn, not written...
...Reich also envisions some sort of national "political forum" in which representatives from Government, business and labor would fashion joint strategies for revamping American industries. Such tripartite planning sessions have been successful in several other countries, including West Germany...
...Reich's industrial policy is attractive in the abstract, but critics charge that it would face pitfalls in practice. For one thing, the bulk of Government aid is likely to go to old industries with great political clout (steel or autos) rather than to emerging ones (computers and robotics). This has often been the experience in Europe. Says Michael Wachter, an economic adviser to President Carter: "France and Germany have made their hi-tech sectors weaker with government help. Those industries become more dependent on their governments for support, and the help proves to be something negative, not positive...
Nonetheless, a national industrial policy has considerable appeal to Democrats groping for new economic ideas. Reich's alternative to Reaganomics is likely to provide part of the agenda for the Democrat who will challenge Reagan or some other Republican presidential candidate next year. - By Charles P. Alexander