The Washington times., 1934-08-01
BY H. r. KNICKERBOCKER
Copyright, 1884, by International
News Service


News Service
BERLIN, Aug. !. Q.N.S0-Ger-
many is in deep trouble today.
Hitler is in deeper trouble and
the possibility of the death Of
Won Hindenburg comes at a
moment more unlucky for the
Nazi regime than at any time
since the Third Reich was born.
Events have moved more
swiftly towards disaster for the
Nazis than any neutral observer
would have believed possible six
months ago. Any time up to six
months ago the Nazis would have
considered themselves fortunate
to have a chance to let Hitler
step into Won Hindenburg's shoes.
Today, the Nazis need Won
Hindenburg and the possibility
that he may die is a major mis-
fortune ranking almost with the
murder Of Dollfuss and the bloody
cleanup" in Germany on June 30.
May Get Own Medicine
Because Won Hindenburg still
possesses the confidence of Ger
many, the fact that he sup
ported the Nazi regime has been
to a steadily increasing degree,
its most valuable bulwark against
growing popular discomfort.
This discomfort has two aspects,
economic and foreign political,
closely related to each other. Eco
nomically, Hitler is now experienc-
ing a dose Of the same medicine
his enemies, the leaders of Re-
publican Germany, died Of.
Under the republic, Hitler
profited most by the world eco
nomic crisis. Every country on
earth suffered from the world
crisis but the Germans believed,
and Hitler encouraged them to be-
lieve, that Germany was suffering
uniquely and only because she
had lost the war, had a small
army and was exploited by her
Jews.
So the Germans blamed their
economic plight on the republic,
that is, on the government in
power.
Trouble Since February
Now the world economic depres-
sion has continued and although
economic conditions in some other
countries, notably England, are
much better, Germany's is much
worse, partly due to circumstances
under Hitler's control but partly
to circumstances beyond his con-
troll.
Once more Germans blame their
plight on the government in
power, but this time it is the Hit
ler government.
Signs that the Nazi regime was
heading for serious trouble ap-
peared first in February.
At that time the Jewish boycott,
plus the over-valued mark, plus
the general choking of interna-
t1onal trade had already reduced
Germany's possibility of import
ing the necessary raw materials.
Fraser Says "NO"
DR.. Hjalmar Schacht. presi-
dent Of the Reichsbank, put out
feelers to get big credit to buy
raw materials.
He thought especially of Amer
lean money and he tried to use
the Bank of International Set
Elements at Basle as a mediator
and so, according to reliable in
formation. Leon Fraser, president
of the Basle Bank, let the Ger
mans know that their credit was
not good.
Thereafter the economic situa-
ton in Germany went from bad
to worse until by the end of
June, storm troops headed by
Roehm we're already in revolt.
Then the fates seemed really to
have mobilized against Hitler.
Before he had time to recover
from June 30, the Austrian Nazis
broke out with their murderous
revolt and by killing one Of
Europe'S most popular figures
made Dollfuss a martyr and
brought down upon Hitler such
phrases as the London Observers:
''NaZiiSm is increasingly recOg.