English Translation

In the case of the new plan, the system of exchange and direct settlement with Fassad, which has not finally disappeared, will also become more and more apparent. In the The Triumph of the Reichsmark, precarious conditions over expectations have proved to be successful for the respective buyer and supplier country, originally thought only as an emergency solution. Some European state, which is the heavyweight, has maintained the German choice of commercial and financial relations in England or other! If we still remember the time that had been outside Europe, when the New Plan came into being and the National Socialism, groping and at first obeying the need for Stische Germany, forced itself to make the fate of its lost exchange of goods new ways currency from the arbitrariness of foreign powers independent and relations with European countries and in particular to the large German economic bloc and seek through the design of the foreign exchange. Since the dwindling pound offers them no management of the Reichsmark any more external support for angrif, and to withdraw the reserves beyond fen. Even if the German construction work of the Dzeans has become unattainable, they have never lost sight of the financial and monetary implications of the only well-functioning political needs which could only result from the exchange of ideas with Central Europe, the possible entanglements, with Germany and with Germany. Then, in September 1939, when the West took the course of settlement. Here, powers declared the struggle, the German electorate as well as the Reichswirtschaftsminister and Reichsbankpräsi- tion stood there. Su her shot and to the rearrangement fu nk at the Wiener Herbstmesse with proud preservation of the payment payment needed during war satisfaction found that Reichsma.k with its outbreak did not increase the Reichsbankdiskont. Settlement system as the most reliable currency or closure of the stock exchanges, nor arrangement of one proved. The initial complicated and irregular moratorium or other stately interventions to be pre-calculated by the individual European countries. Each other has more and more refinements and years the German currency has made its full validity as a central office of Plaß both in the external simplifications on the German accounting class in and in its internal value. Not only keep. With the sensible and comprehensive raw Italy, it has agreed with Germany that all exchange-rate, foreign trade and price-regulatory uncertainties between Jtalien on the one hand and the German and German-speaking countries, as well as by means of the on-going careful disposal countries Holland, Belgium, Norway and Luremburg on the other hand, which are superfluous for the economic operation of the economy, were achieved by the German-Italian funds, so that the clearing by our opponents was carried out; other countries also hoped for and predicted inflationist decisions about Berlin, so the Netherlands could not gain any influence with Yugoslavia. While Slavia, Norway with Finland, Sweden with Bel- in England the wholesale prices by almost 40 per cent, gien and the Netherlands are connected. Furthermore, the cost of living by about 20 per cent anstie- Bulgaria, Greece and Switzerland. Further, in Germany an admirable sta- negotiation (e.g. with Angarn and Romania) of prices could be achieved. While England is in progress or already completed. War bonds and short-term borrowing of the Here it should be noted that these settlements did not fail sufficient success and there the end could not be expected only bilaterally, but already multilaterally of the tax increases, that is to say, a complete balance between each two war financing the burden test brilliant countries not necessary, but with the help of those passed; the German economy has, of course, proved to be highly active or passive clearingspice in order to be able to cope with the enormous financial burdens of the framework of the trade agreements — even war without recourse to the note press from its own third countries. And all this happens to carry a force. While the Ste.lingblock has largely disintegrated on the basis of the fixed Reichsmark and with which it is gradually disintegrating, and not only the majority of non-British sure prospects, at any time in the broad large-scale countries, but also parts of the Empire market have already cut off secured quantities of goods or even gone over to be able to exploit sales to England Reichsmarck. As to court in dollars to facturie, while even the rumors do not want to silence that England stands with the discount, that in a short time also the disagio of the settlement mark will disappear, which is in sight to connect its currency with the Canadian dollar to some south-east states due to the excessive price (which inevitably a completely dependent. In the United States, however, there is no doubt that the Community's monetary policy will be based on the principle of monetary stability, and that it will not be possible for the Community to take the necessary steps to achieve the objective of monetary union. The German currency equals the German economy with the greatest interest has worked over the English currency in the struggle for suspense, in order to achieve the enormous demands the victory. It will be sufficient to meet the needs of the war, to support the construction of Europe and, in integrating it, still have sufficient strength to maintain Europe's external trade in a new world economy as a full-fledged and to produce goods, and to play a leading role in reliable determination. Germany had to carry out its life-long acquisition of the DAF's technical training sheet, which had important imports since the introduction of Berlin "Bank und Versicherung", episode 11/1940. 9