The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1936-03-05

Nazi racial policy, most of them Jews,
have lightened the unemployment bur-
den. BY decree of November 10, 1895,
Jews were denied the right to work for
the state, as well as the political rights
of citizenship. They have been denied
the right to intermarry with Aryan-
Germans or to employ Aryan-German
maids under the age of forty-fve. In
1888 there were about half a million
Jews in Germany; most of those still
remaining would like to move out, but
cannot unless they leave about four
fifths of their money behind them.
The National Socialist aim is to raise
solid families of pure Aryan stock. The
party believes that woman's place is in
the home, and has removed thousands
of women from employment, replacing
them with men.
1t was the idea of the Hitler govern
ment that the pump-priming of indus
try with federal funds would encour-
age the organs of private business to
increase their function until they
should get along without aid, but this
objective is about as far as ever from
attainment. The government has mere
ly succeeded in creating huge state
credits which this generations chill
dren and children's children will have
to make good. To make matters worse
the vast sums spent for ornaments will
produce nothing that can be consumed,
and so will not add to the nations
real wealth in any way. Democratic
countries, too, could bring temporary
relief to unemployment were they to
resort to the defiant militarism of the
new Germany.
One of the country's chief economic
difficulties is the export trade, mighty
important in a manufacturing nation.
Foreign credit was ruined when the
government was forced to cancel all it's
foreign obligations, and with the de-
pleted reserves of the treasury the
obtainment of raw materials, most of
which must be imported, is hard. What
can be obtained is costly and the state,
in order to facilitate prices that would
allow its exports to compete, has ex-
acted back-breaking sums from the
exporting industries for subsidies. In
dications are that even greater sums
are to be bled from the same indus
tries in few months.
Farmer Was National Hero.
Much Importance was placed upon
the farmer by the Nazi propaganda
mill during the first two years of the
| Hitler regime. for it was expedient to
make the nation as self-supporting as
possible The farmer was hero for
a while, but the high prices of his
| products in the cities are fast reduc-
ing his status.
| German currency has hung on for
dear life during Hitler's three years
There have been many times when the
mark was in danger of falling with q
loud and resounding crash, but to date
these capitulations have been avoided
largely through the genius of DR.. HAL
| mar Schacht, the dictatorial minister Of
the Reichsbank. He and his assistant:
repeatedly announced themselves Il
be opposed to any manner OF imitation
but some economists insist that there
is already present a certain amount OF
il. and that this will have to be ad
mitted soon by the treasury. What will
happen then is problematical. There is
a floating national debt of S15,OOO,OOO,
600. which will have to be funded by
further borrowing, by reputation OF
obligations or by imitation. At the enc
of 1885 it was reported that the mark
was a little stronger, with better GOLD
and foreign exchange holdings, ant
with exports showing a surplus.
Although the National Socialist party
has accomplished many of the objec
tives outlined for these four years, the
unification of the state has not ye
been completed. since the old dynastiC
boundaries of the German states still
obtain. Preparation for remapping int
20 states of more natural physical ant
economic boundaries within the mex
three months are well under way.
The state has emerged supreme owe
party during the last two years. Thu
purge of June 80, 1884, demonstrated
the power of the army over the Ma