GERMAN ITEMS

Hokitika Guardian, 21 May 1923, Page 2

GERMAN ITEMS

LATEST CABLE NEWS

AUSTRALIAN AND N.Z. CABLE ASSOCIATION. MARKS FRESH COLLAPSE. BERLIN, May 19 There was a furious rush to-day by the public to convert marks into something substantial. English pounds wer 0 in great demand, and their value reached 227,0C0 marks. The - dollar reached a value of 50,000 marks. Sound industrial shares made fabulous pricos. Tho advances in the prices of Baghdad railway loans, due to the reported acquisition of tho railway by an AngloSwiss syndicate, equalled one hundred thousand per cent. The metal trade journals detail vast new acquisitions by the Hugo Stinnes’ group, notably iron and steel works situated in Polish Upper Silesia, in Czeeho-Slovakia, and Hungary. A GERMAN PREDICTION. BERLIN, May 18. Dr. Kemmerick, a philosopher of high repute, in a hook entitled “A Calculation of History, and Germany’s Future.” contends that Germany is now on file eve cf its revolutionary period, which, he says, will develop till about 1940, when the foundations cf the nation’s renaissance will he laid. He anticipates that by 1925 a new Tsar, belonging to the House of Romanoff, will again rule Russia. This will give an impetus to the restoration of the Holienzollerns in Germany, but, after some early successes, Dr Kemmerick prophesies that the new monarch will suffer a severe defeat, and will fly, hut will lie seized before he reaches the border, and will be brought hack and executed. Then will come » counter-revolution, led by a new Cromwell or a Napoleon, who will lead Germany to the highest- degree cf power. Under his dictatorship, peace and order will be restored, hut only after a. decade of terror and civil war. After five years of military dictatorship, Germany’s Cromwell will create a constitutional monarchy. Dr. Kemmerick rules out the prospect of any foreign intervention interfering with the above programme, because, he says, the great powers will lie too busy participating in their own, and possibly two world, wars.