GERMANY: Ein' Feste Burg

(See front cover)

The banker with the Mephistophelian beard, Governor Montagu Collet Norman of the Bank of England, wrote a private letter to Governor Clément Moret of the Bank of France several months ago:

''Unless drastic measures are taken to save it, the capitalist system throughout the civilized world will be wrecked within a year. I should like this prediction to be filed for future reference."

For the past fortnight bankers all over the world have been pondering that prophecy. The greatest economic crisis since the War has arisen in Germany. Was this what...

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