With the Reichstag disbanded and Germany under the "veiled dictatorship" of Chancellor Heinrich Brüning (TIME, July 28, Aug. 4), with every German politician touring his bailiwick in preparation for the general election Sept. 14, a new political party was organized in Germany last week.
In view of Germany's economic depression, political tipsters have shaken their heads over the future of constitutional democracy in Germany, wagered that no matter who forms a ministry, the extremist partiesextreme Nationalists on the right, Communists on the left will make tremendous gains.
It is to counteract this tendency,...