Word: reiche
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These paper figures were no index of the true state of Germany's trade troubles. Faced with the cost of providing Germany with a million fully-equipped troops, faced with the expense of a grandiose public-works scheme, shrewd conservative Dr. Horace Greeley Hjalmar Schacht, Reich Minister of Economics, has long been doing sleight of hand with Germany's foreign trade. With gold in the Reichsbank dwindling toward zero, Germany, since the rise of raw-material prices in 1935, has had to export finished goods at uneconomical prices in order to get currency to buy abroad such...
...good indication of the Third Reich's economic plight was that about the time the trade figures were given out the Government asked the public for a loan of 700,000,000 marks ($281,610,000) to be raised by the sale of 4% treasury notes with an average maturity of twelve years. This was the third such loan this year, the tenth since Economics Minister Schacht began to monopolize the capital market in 1935. Although only one-seventh was subscribed by week's end, the loan when completed will bring the Reich's borrowing during...
...three German journalists, ordered by the British Home Office to leave London (TIME, Aug. 16), packed their bags last week and returned to the Fatherland. They were pursued by indignant shouts from the British press, for the Third Reich had retaliated by ordering intelligent, slightly pontifical Norman Ebbutt, for twelve years correspondent in Berlin of London's almost sacred Times, to be replaced by ''somebody less concerned with trivialities and more with facts." The British were shocked, regarded it as a blunder for the German Government to suggest that the dispatches of Norman Ebbutt, a distinguished journalist...
Fortnight ago many Germans hoped that the postponement of the trial of Rev. Dr. Martin Niemöller, defiant Anti-Nazi Protestant pastor (TIME, Aug. 16), forecast the gradual abandonment of the Reich's campaign against all religious groups that run afoul the Nazi ideology...
...ordered them to disperse. When the marchers refused, 75 women, 40 men at the head of the procession were dragged off to police headquarters where their names were recorded, after which, according to police reports, they were released. Because this was the first mass demonstration on record against a Reich decree. Nazi bigwigs grew panicky. Fearing that there might be an even bigger demonstration outside the Court House while Pastor Niemöller was on the stand they discreetly postponed the trial...