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Weekly News Analysis Germany Crisis Forces Now or Never Choice
An editor's analysis outlines Germany's fragile economy in 1939 as it nears a critical choice to export or collapse. It notes heavy state taxation, armament spending, and the shift of Dr. Rudolf Brinkman to Reichsbank leadership while Schacht resumes foreign trade efforts. Britain pursues defense spending, while a European showdown looms this spring. It also surveys U.S. reform costs, deficits, and attempts to balance budgets amid Republican pushback and New Deal policy debates.
MENTIONED IN THIS ARTICLE
Germany
America
Reich
Austria
Sudetenland
U. S
Hjalmar Schacht
Brinkman
Dr. Schacht
Reichsbank
Hitler
Reichstag
France
Britain
London
Italy
Japan
Congress
Treasury
Roosevelt
Harry Hopkins
Mississippi
Pat Harrison
Harrison
Brookings
Eugenio Cardinal Pacelli
Pope Pius XII
Vatican
Tany
Benedict XV
Russia
Pietro Gasparri
Pius XI
Pacelli
Camerlengo
College of Cardinals
Cardinal Pacellis
Cardinal Pacelli
Count Ciano
Il Telegrafo
Rome
Das Schwarze Korps
Carl-Ludwig Diego von Bergen
Rome-Berlin
Mussolini