Word: stresemann
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
While lightning struck the Prussian Diet, man-made thunder roared and echoed in the German Reichstag across the way. Most of the thunder came from bulky, rumbling Dr. Gustav Stresemann, Germany's quick-brained, bullet-headed Foreign Minister. Almost completely recovered from a long illness (TIME, July 9, 1928 et seq.), he had returned from pruning his prize roses to defend in his own fashion the Young Plan settlement of German Reparations. The Nationalists were, charging that the Plan will make Germany a "colony" of England and France...
...Young Plan is certainly better for Germany than the Dawes Plan, stormed Herr Stresemann. Turning to the Nationalist benches he rumbled: "You could do, nothing else, and if you were to take over, the Government tomorrow your first move would be to do exactly as we are doing; recognize the obligations of Germany in order not to endanger the unity of the nation. ... Do you imagine the Government views the Young Plan as ideal? We consider it only as a regulation for a decade...
Here was rosebush pruning with a vengeance. Germany's hope of meeting even the Young Plan payments rests largely on further loans from the U. S. Berlin businessmen wrung their hands over the Stresemann "colony" speech. One of them said: "I hope Dr. Stresemann's words will not be interpreted to.mean Germany is opposed to the coming here of American capital. That would be calamitous...
Quick to sooth the ruffled feelings of the U. S. was Dr. Hjalmar Schacht, iron-man of the Second Dawes Commission. Agreeing with Dr. Stresemann that the Young Plan annuities were merely a makeshift and did not represent Germany's capacity to pay, he urged ratification of the plan, but hastily added for U. S. consumption...
...Herr Stresemann uttered no word. Chairman Adatci of Japan had already persuaded the Council to accept unanimously a compromise minorities plan, having three main features: 1) The Council's subcommittee on Minorities shall make its proceedings public; 2) shall meet more often; 3) and in case of a world-shaking dispute shall have its members increased from three to four. Herr Stresemann's challenge was only a warning that Germany would consider this plan purely temporary...