Why did the Weimar Republic Survive 1919 – 1923?. Did the Weimar Government stand a chance? Which of the following posed the greatest threat to Democracy taking root in Germany: Place them in an order of greatest threat to democracy: Limited Nature of the 1918 German Revolution
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More stable and Peaceful
Improved diplomatic Status
Only 5 ‘goodish’ years
Hyperinflation damage not entirely repaired
People still angry at Treaty of Versailles
Conservative forces frightened by new liberal, decadent culture
Stability dependent on unstable and fickle coalition forces
Economic success dependent on USAThe Golden Years of 1924 – 1929 The Bottom Line
Hjalmar Schacht, Head of the Reichsbank, organised fund-raising parties for Hitler.
Fritz von Thyssen, the German steel businessman
Alfred Krupp, the owner of Krupp steel firm
Emil Kirdorf, the coal businessman
IG Farben, the German chemicals firm, gave half the funds for the 1933 elections
The German car firm Opel (now a subsidiary of General Motors)
Schroeder Bank – on Jan. 3, 1933, Reinhard Schroeder met Hitler and asked him to form a government.
And even some foreign firms including:
Henry Ford of Ford Motors. Hitler borrowed passages from Ford's book The International Jew to use in Mein Kampf and had a picture of Ford on the wall of his office.
Union Banking Corporation, New York (George Bush’s great-grandfather was president of the Corporation)
WA Harriman and Co., the American shipping and railway company (George Bush’s grandfather was vice-president)
Irenee du Pont, head of the American firm General Motors; he advocated the creation of a super-race by spinal injections to enhance children of ‘pure’ blood.
General Government expenditure restrained
Civil Servant salaries cut
Wages frozen to 1927 levels
Unemployment benefit harder to get
Law and Order
Particularly for Prussian estates!
All in line with classical economics!
Hoping to hold out until the general worldwide economy picked up.
Particularly concerned with Hyperinflation!Brüning’s increasing unpopularity