REFORMS IN GERMANY
FINANCIAL AND ECONOMIC. MEASURES PROMULGATED. PRESIDENT SIGNS DECREE. (United Press Association.) (By Electric Telegraph—Copyright.) BERLIN, December 2. (Received Dec. 2, at 10 p.m.) President Hindenburg has signed a decree promulgating finance measures for which Dr Bruening found it impossible to obtain a parliamentary majority. His opponents regard his action as dictatorial, even though it is legal. The Republican Constitution, however, provides that the decree must be tabled in the Reichstag and cannot be, modified, but must be accepted or rejected. If it is rejected, the President must withdraw, which is out of the question, or the Reichstag must dissolve. President Hindenburg and Dr Bruening, in risking a hostile vote, rely upon the political parties’ fear of the Hitlerites and their realisation that defeat will endanger parliamentary government and render a Fascist dictatorship possible. The Cabinet sat for 11 hours before coming to the decision to appeal to President Hindenburg. The decree covers 26 laws, forming a three years’ programme of financial and economic reforms.
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Otago Daily Times, Issue 21199, 3 December 1930, Page 9
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167REFORMS IN GERMANY Otago Daily Times, Issue 21199, 3 December 1930, Page 9
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