The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1934-07-05
Nazis in Accord With
British Govt On
Moratorium
JOBLESS RANKS RISE
Financial State Worse;
Imitation Looms
BULLETIN

NEW YORK.-July 4.-UncOn-
firmed but well informed runor
from Berlin had it today that H.
H. Dieckhoff, section director in
the Ministry Of Foreign Affairs,
may replace Hans Luther as Ger
man ambassador to the United
States.
NEW YORK.-After four
bloody days of wholesale
butcheries, the fascist govern
ment Of Germany attempted
to consolidate its narrowed
position by taking drastic
measures to lop off great sec
tons Of the Storm Trops, and to
meet the tremendously sharpening
economic crisis.
No statements were issued on the
results of the conference between
Hitler and President Won Hinder
burg yesterday at Neudeck, except
the declaration that Vice. hancel-
lor Won Papen, who was under ar
rest at his home, guarded by the
picked Hitler troops, would not .e-
sign.
The Nazi officials declared that
only AZ were executed, but no lists
of names has been issued, and may
never be issued in order TO cover
up the wholesale slaughterS.
In Accord With Chamberlain
In order to attempt to strengthen
their foreign position, the German
Fascists came to an agreement with
Neville Chamberlain, British Chan
cellor of the Exchequer, providing
that the Dawes and Young Plan in
terest payments would be made, and
that the British government would
drop the threatened clearing house
which was to tie up all German
credits in England.
How this agreement will effect
the whole moratorium scheme of
bondholders and bankers in the
United States and France was not
stated, but it is evident that in re-
turn for full support for German
arming and war preparations. the
fascists have made concessions to
the British bondholders.
The agreement with Britain is
undoubtedly an effort to attempt to
ease the catastrophe economic
crisis in Germany, which will be
sharpened by the recent events.
Out of the 2,00o,o 900 Storm Troopers
forced to take vacations" it is an
nounced in official quarters in Ber-
lin that only 100000 would return,
to be taken into the picked armed
troops Of the fascist regime. The
other 100000 face unemployment
and complete elimination of the
contributions they previously re-
ceived. Besides, most of the % de-
crees passed by the Hitler regime
during the four bloody days are
aimed at the rank and file of the
Storm Troopers. The DEGREES limit
their power, cut them off from their
usual source of funds, and COM
pletely reduce their standing in the
fascist dictatorship.
Unemployment Will Grow
There is not the slightess doubt
that the ranks of the unemployed
will grow by leaps and bounds now
in the present crisis. Count Won
Schwerin- Krosigk, Nazi finance
minister, has already declared to
the big industrialists that the
forced" employment m asures
would be greatly res ricted and that
the employers could hire and fire in
accordance with the needs of their
business. This will Immediately
eliminate many followers of the
Nazis who were temporarily placed
in jobs in the campaign against
unemployment
The special commission for i'm
port of raw materials, and the new
proposals to limit all imports to the
amount exported, will greatly re-
strict the import of foodstuffs and
other necessities in Germany,
greatly increasing the prices of al
necessities of life. Besides, it will
greatly undermine the present
badly hit foreign trade of Germany.
Nazi Finances Worse
The financial situation of the
fascist government is rapidly grow
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