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GERMAN Y'S ECONOMIC POSITION.

" At bottom," observes the Daily Herald (London), " Germany's economic position is to-day more precarious than in 1933. There is no sign of the genuine recovery that has come to freer countries. And for the German masses life to-day is incomparahly morq arduous than when Hitler began his rule. Their standard of hving has faUen — by the best estimates— at least 30 per cent. He has brought them not the prosperity he promised, but new burdens and a deeper sufferjng. Yet— the fact mnst be faced— they endure, and not altogether unwiningly. For though there is deep discontent, there is also resignation; not merely because revolt is hopeless, but becaus« of a feeling that they are making saerifices for a national aim He came to power by playing upon the sense of injured national pride, He holds pOwer, and can only hold power, by continuing to feed the feeling of restored greatness. And there lies, for Europe, the great dnnger point. Can he continue, can he win further aeeeptance of botk dictatorship and starvation without seeking new prestige by some reckless military adventure, by sesking to win ' glqry ' by using the formidable military machine he has crpated?.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HBHETR19370503.2.30.4

Bibliographic details

Hawke's Bay Herald-Tribune, Issue 90, 3 May 1937, Page 6

Word Count
200

GERMAN Y'S ECONOMIC POSITION. Hawke's Bay Herald-Tribune, Issue 90, 3 May 1937, Page 6

GERMAN Y'S ECONOMIC POSITION. Hawke's Bay Herald-Tribune, Issue 90, 3 May 1937, Page 6

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