Word: hitlerized
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Earlier in the week Fascist brownshirts invaded Berlin's Jewish quarter, shouting: "Down with Judea!" Having jostled a Jewish pedestrian, they were chased by a Jewish mob, read in the evening papers that Leader Hitler had exhorted his followers that very day in Munich thus...
...three-hour flurry of fear lest Adolf Hitler become Chancellor of Germany and topple the mark like Humpty Dumpty off the Gold Standard, gave Wall Street a black afternoon last week. Leading Man hattan bank stocks dipped as much as 20 points. German 5½% Young Plan bonds (quoted earlier this year at $84) sold...
...scare. The Reichsbank in President Hans Luther's own good time denied officially that the mark would go off gold. Followed an official Foreign Office denial and at the Chancellery it was said that Dr. Brüning, far from handing the Government over to Herr Hitler, planned to attend the World Disarmament Conference next February as Chancellor...
...Board Chairman Albert Henry Wiggin of Manhattan's Chase National Bank, hurrying to defend the interests of U. S. holders of German short-term credits against the demand of France that Reparations be given priority (TIME, Dec. 7). To Berlin just ahead of Banker Wiggin hurried Politician Hitler. Flinging himself into a big armchair at the Kaiserhof Hotel on the afternoon that Wall Street had its Hitler scare, he surprisingly declared: "Germany cannot pay both her political [Reparations] and her commercial [short-term credit] debts. For my part I reject the payment of political debts which are the result...
Never was the favor of U. S. bankers sought more openly. Mr. Wiggin's approach seemed to have been the signal for Herr Hitler, long a bogeyman to bankers, suddenly to transform himself into the Bankers' Friend. As for his repudiation of Reparations, many U. S. bankers have become so concerned about the safety of their short-term credits that "the sanctity of Reparations" begins to sound like an old French song sung...