Word: weltpolitik
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Dates: during 1930-1939
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...economic framework of the New Deal automatically bars payment in goods or services. Gold payments are hardly desirable and very improbable. The Nazi "weltpolitik" and the Blue Eagle U. S. Navy construction, give the lie to linking debts with disarmament. It is the task of President Roosevelt to tell the country the true state of the war-debts rather than to permit the next due-date to arrive bringing no satisfaction but plenty of recriminations. The war-debt problem has become one of sanitation, not salvage...
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