Evening star., 1932-09-05
Plan Calls for Use of More
Than Two Billion Marks
on Public Works.
INDUSTRIES TO BORROW
ON TAXES PAID TO REICH
Chancellor and President Given
Pledged Support of 100000 War
Veterans in Reconstruction.
By the Associated Press.

DS tlic hSSOCldleQ FTeSS.
BERLIN, September 5-Chancellor
Franz Won Papen's recently announced
plans for the use of large sums of
money to promote economic reconstruc-
ton in Germany were officially set on
foot today when President Paul Won
Hindenburg signed set of emergency
DEGREES embodying the chancellor's
program.
The decress are expected to be pub
lished tonight
The chancellor's plan, which was
announced by him in a speech at
Muenster, Germany, March %, called
Tor the use of more than 1000, 900 900
marks (about $500, 1000, ,000) on the work
OF reconstruction.
1t called for extension Of public
works, such as street construction, ag-
rlcultural relief work, home building
ana regulation Ut canals, for which
he set aside 135,O00,00 marks. This
was to be augmented by establishment
o. rural and suburban settlements.
Would Revive Industry.
A second part Of the plan called for
the revival of private industry to return
thousands of jobless Germans to pro-
ductive tasks.
The plan, he said, was approved by
the Reichsbank and he suggested that
the 2,000,000000 marks or more be
raised by handing back to economic life
100000, 600 marks worth of taxes such
as might hinder production. These
were to be turned back in the form of
an yfyt,f ,fnI] fkNz Hnxr =
borrow an equivalent amount from the
Reichsbank to use in his business.
Loans on the certificates were to be
repaid between 1884 and 1888. In addi-
ton 700,000,000 marks were to be ad-
vanced to industries which would have
increased the number of their employees.
BY this plan the government hoped, he
said, to give work to 1,750,000 unem-
ployed.
The government also would authorize
wage cuts, he said, on condition the
amount saved be used to hire additional
labor
The President and the chancellor
were left free today to go ahead with
their plans of rehabilitation backed by
the pledged support of more than ], ,000,-
600 war veterans.
100000 Parade at TempIehof.
The most brilliant military display
since the days of the Kaiser, nearly
100000 members of the National Steel
Helmet organization, paraded at Tenn
plehof Airdrome yesterday and shouted
Front He'll" for the chancellor as he
appeared with his staff to review the
spectacle
A similar lusty cheer went up to greet
the aged Field Marshal August Won
Mackensen as he arrived in the uni
form of the Black Hussars.
In a message to President Won
Hindenburg, who is an honorary men,
ber of the organization, the Steel Hell
meters sent their respectful greetings
and promised their loyal support to
the independent government that will
battle for and win freedom for the
German nation, both internally and ex-
ternally."
May the spirit of unity and valor
inspire all classes" the aged president
replied, with the dignity and strength
to raise the fatherland to its rightful
position"
In the soldierly bearing Of the march
ing thousands at the airdrome, there
was every indication these men could
quickly swell the ranks of the present
army If and when Germany completes
her negotiations for modification of the
Versailles treaty.
For five hours, from $50 to 1890
am, the veterans poured in seemingly
endless columns into Templehof. There
they heard Franz Seldte plead for
patriotism, unity and love of their fell
low men and saw Theodore Duesterberg
dedicate hundreds of flags to new units.
Seldte and Duesterberg are co-leaders
of the Steel Helmet organization.
The tramp of marching feet resound-
ed for six hours afterward, as the battal-
ions passed in review before the chan
cellor. who was accompanied by Gen.
Kurt Won Schleicher, defense minister,
Baron Wilhelm Won Gayl, minister of
interior, and other cabinet members,
wearing uniforms of generals of the
army Several of the Hohenzollern
princes hovered in the background.
Declaring that "the old German army
is no more, but its spirit still lives"
Steel Helmeters to solemn oath of
Steel Helmeters to solemn oath of
allegiance to the old imperial colors,
the black, white and red.