Messersmith, G.S., Berlin. Despatch No. 1741 to Secretary of State [Cordell Hull], Washington.
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University of Delaware Library, Museums and Press
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Observations on economic situation in Germany; accurate data difficult to secure; information from bankers, industrialists, and business men not encouraging in contrast to optimistic public statements; Hitler's appointment of [Kurt] Schmitt as Minister of Commerce a wise move; Schmitt an able and prudent man who disagrees with Nazi attitudes and policies; situation likely to improve if Schmitt allowed to remain in office, but he has enemies close to Hitler who would like him removed; General Council for Trade met on Sept. 21; Hitler and Krupp von Bohlen-Halbach spoke in general terms; Schmitt was only person present who offered constructive ideas; said when competent men were removed from business and industry and replaced by incompetents Germany could not expect recovery; emphasized importance of foreign trade; unemployment remains primary problem; government considering simplification of tax system.