Stroking his jowls with a quiet gesture of satisfaction, Chancellor Heinrich Brüning made his way out of the oblong chamber of the Reichstag one day last week, strode back to his office through a swarm of Deputies and lobbyists who proffered congratulations.

One year ago exactly Herr Bruning came to power comparatively unknown (TIME, April 7, 1930) except as a protege of old Paul von Hindenburg. Last week he stood at the German zenith. He had just put through an unpopular budget against hot opposition,...

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