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Show 1 Nazi Revolution Unlikely i NEW YORK Following In- , formation comes from an American business man who left Germany leas than 10 days ago-Due ago-Due to his remarkable European background his reports to Wall street colleagues are never considered con-sidered slipshod are invariably verified. Unusual connections ia Germany permitted hire to travel unhampered from one end of the reich to the other. He relates counting great numbers of women in mourning for war dead of the Polish campaign. cam-paign. There is a tragie sadness sad-ness everywhere unlightened by any trace of official celebration over the victory. On every hand he encountered. In fact the people's peo-ple's question why was the sacrifice sac-rifice really necessary ? Yet a cross-section of conversations with Germane in all walks revealed re-vealed a determination to go with Hitler, if he so decides, in a war to the finish with the enemy, England. The average men now believes that if he is ever to clothe his family and himself as he wanta, to buy as much meat as he needs. It is his lot to get those things through' war. Ersatz living has sickened the people into fighting for access ac-cess to the world's raw materials. mate-rials. The reich government has convinced the nation that it ia a condition imposed from without with-out For the man In the street Austria, Czecho-Slovakia and Poland notwithatanding, it rs a war er liberation from the- uu Justices of Versailles. Revolution In Germany, according ac-cording to eur tnformaat may soma day come about But aa ; of today, there are bo symp- , toms. The overturn In Russlsn foreign for-eign policy which ,made Stalin a land grabber has had an astonishing as-tonishing internal effect. Private Pri-vate and usually sound Russian sources send information that it Is actually pulling together the union of the soviet republics. The White Russians, heretofore rebellious and unconverted, are beginning to applaud Stalin's, change to imperialism. The ex-monarchists discover that a communist regime is realizing the century-old territorial terri-torial dreams of the czars. True Soviets on the other hand see the spread of the Idea of the brotherhood of workers in lands that were closed to It Some sources report that mobilization mo-bilization Is more Intense than commonly known. There ia a .general army movement toward frontiers. Outside of the western west-ern border the heaviest concentration concen-tration is massing In the southern south-ern districts of Bokhara and in the sections of Russian and Chinese Chi-nese Turkestan which front on British India. Incidentally, the Hindu princes, whose holdings are legendary, are watching London prayerfully. They are quite aware of the fate of the baronial landlords of Poland.' On the day it became clear that Germany was at war with first class powers, American holders of German paper liquidated liqui-dated at 5 cents on the dollar. Bankers on the lnatde reveal that the total balances of German Ger-man houses here came te approximately ap-proximately one sniiltoa. Against i Una, Amanraa clajans of all 1 . aorta aggregate some 20 millions. mil-lions. The German bid for a stand-still agreement was considered con-sidered and turned down. Since even in peacetime the reich'a blocked currency made collection collec-tion chances slim, the probability of payment in wartime vanished completely. U. S. banks, therefore, there-fore, decided to impound all eligible eli-gible credits in this country and write it off In red. Actually, the 5 per cent figure Is a little high because legal fees for the accounting among creditors will shave the net considerably. con-siderably. In spite of elaborate safeguards safe-guards to stabilize securities and maintain a level price structure Britain's financial market Is depressed. Bankers and business busi-ness men who are forced to sell holdings in order to meet the msny war assessments take a licking every time. To begin with, permission to liquidate, even when given, is aubject to careful supervision. Even so when the seller is forced to realise on his securities securi-ties the market sags on even a small volume of offers. Curiously, and contrary to expectations, unemployment haa risea slightly as a result of war. Lay-offs and shutdowns In hotel, ho-tel, tourist and the entertainment entertain-ment Industries have created a new Idle class. It is not being absorbed by the new war industries in-dustries because lacking la technical tech-nical skill, and will not be called to the colors until younger rlssaas have been conscripted. Oaeyr t, ltaa, McClure Syndicate |