ABSTRACT

May 1, 1933, was celebrated throughout the Reich with all the magnificence and splendor, all the impressive stage setting, for which National Socialism has since established its reputation. The increasing power of the Reich was consciously and openly put behind every commercial treaty and every substantial private transaction in which German interests were involved abroad. By the end of 1938 Germany had reached the crucial point of her economic expansion, the point where the last reserves in man power, material, and productive capacity had been utilized in the service of the most ambitious power politics ever adopted by any government in modern times. The survival of the present German system offers no insuperable financial problem. A government that completely controls foreign trade, domestic consumption, costs of production, and domestic investments is always able to procure the financial means for its purposes.