GERMANY: We Are Not Carthage!

A three-hour flurry of fear lest Adolf Hitler become Chancellor of Germany and topple the mark like Humpty Dumpty off the Gold Standard, gave Wall Street a black afternoon last week. Leading Man hattan bank stocks dipped as much as 20 points. German 5½% Young Plan bonds (quoted earlier this year at $84) sold for $25.50.

Germans were tardy about scotching Wall Street's scare. The Reichsbank in President Hans Luther's own good time denied officially that the mark would go off gold. Followed an official Foreign Office denial and at the Chancellery...

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