Seven columns wide the mammoth headline WILL GERMANY GO BANKRUPT stared London in the face one day last week. It spread across the entire front page of the MacDonald Government's party organ the Daily Herald. Paradoxically this super-scarehead was a friendly gesture. Silver-haired, silver-tongued Scot MacDonald was welcoming that day the first German Chancellor to set foot in England since the War: Dr. Heinrich Brüning, a young clean shaven statesman of but 46, a Catholic of stern fiber who won the Iron Cross fighting für Kaiser und für Vaterland.
Dr. Brüning...
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