“BEGINNING OF THE END”
DISMISSAL OF SCHACHT IN GERMANY. LORD STRABOLGI’S OPINION. (By Telegraph—Press Association.) CHRISTCHURCH, January 23. A breakdown of the German economic system as a result of the removal of Dr Schacht from the presidency of the Reichsbank is anticipated by Lord Strabolgi, who fears that the Nazi Government will then plunge Germany into international strife. . “It is a very important event in Germany,” said Lord Strabolgi, speaking of Dr Schact’s dismissal. “Generally recognised as one of the leading bankers in the world, he is a man of very sound knowledge, and has managed to keep the crazy economic structure of Germany intact so far. His going means that the extremists, in power since the invasion of Austria, are now in power economically. I think it is the beginning of the end.”
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Wairarapa Times-Age, 24 January 1939, Page 8
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134“BEGINNING OF THE END” Wairarapa Times-Age, 24 January 1939, Page 8
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