Word: melchiore
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...Leider, whose Briinnhilde last week made startlingly credible the creature half goddess, half woman, which Wagner imagined, dark handsome Contralto Maria Olszewska, who like Frida Leider used to sing with the Chicago Civic Opera; Basso Ludwig Hofmann whose Hagen was a model of malevolence. These three with Tenor Lauritz Melchior, the Siegfried, and Baritone Friedrich Schorr, who last week was Hagen's weak-kneed half-brother Gunther, caused Critic Lawrence Gilman to write in the Herald Tribune: ". . . The score has not been so beautifully and movingly sung as regards its principal roles since that unforgettable March afternoon...
Battling against this first report, plump German Delegate Dr. Carl Melchior was backed by "The Three Little Neutrals": Switzerland's Dr. Brindschedla, Holland's Mynheer Colijin, Sweden's Herr Rydbeck. They deadlocked the Committee which found itself obliged to draft and lay before the world a second and quite different report with these conclusions...
Things started with a rush when Dr. Carl Joseph Melchior of Hamburg, partner of the German Warburgs, handed out a voluminous memorandum to show that no matter what happens after the Hoover Moratorium, Germany can never again pay Reparations under the stiff schedules laid down by the Young Plan. He had figures to show that the Albert Henry Wiggin Report of last August underestimated Germany's foreign debts by nearly a billion dollars. He admitted that Germany had at the present moment a favorable trade balance of about $83,000,000 a month, but it could not last. German exports...
...conference met last week, Premier Laval in Paris had bluntly stated the French position: France would never allow Germany's private debts to come ahead of Reparations. Revision of Reparations could only be accompanied by a corresponding reduction in War debts (TIME, Dec. 7). Faced with Dr. Melchior's gloomy figures in Basle, French Delegate Charles Rist did his best to defend the Laval position by stating that, even if the Melchior figures were correct, they merely proved that business in Germany was so uncertain that now was no time to decide on Germany's capacity...
...Basle committee was in a dilemma. If they admitted the correctness of the Melchior statement they would give Germany an opening to prove that the country cannot even pay its private debts. If they admitted that the Melchior figures were exaggerated, France would almost certainly become uncompromising on Reparations payments...