Messersmith, G.S., Berlin. Despatch No. 1252 to Secretary of State [Cordell Hull], Washington.

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University of Delaware Library, Museums and Press

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Whatever develops in economic and financial situation in Germany is bound to have repercussions on economy of rest of the world; leaders of German government have no real economic program; in bid for power, leaders promised lower taxes, greater employment, aid to small business by taxing big business out of existence, and elimination of foreign competition; they have been advised that they cannot meet these promises without endangering whole economy; pressure from Party members to effect the changes promised causing increasing disturbance.

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