NEW CABINET

Grey River Argus, 12 October 1931, Page 6

NEW CABINET

FOR GERMANY. UNDER DR BRUENING. (Aus. & N.Z. Cable Assn.) BERLIN, October 7. The Cabinet has resigned. Chancellor Bruening is reconstructing the Cabinet and Germany’s policy. The crisis is the aftermath of the desperate financial economic position, and may have incalculable consequences. An emergency decree issued by Premier Hindenburg establishes rigid dictatorship, suspends the constitutional rights of the nation, including the inviolability of personal freedom on home, letters, free expression of thought by medium of the press, and imposes censorship on the press, telegraphs, telephones and films. LONDON, October 7. Though the dissolution of British Parliament favourably influenced European stock markets, there is still intense nervousness at the turn of events in Germany. All benefits of the Hoover moratorium in Germany have been wiped out by the loss in taxation through the general shrinkage of incomes. To-day’s emergency decree permits private employers to reduce the salaries of highly paid employees despite contracts.