Saturday, November 17, 2018

Saturday, July 26, 1930

Bucharest:  A reporter traveling through the region of Bukovina reports that even the Jews there admit the recent anti-Semitic unrest has been partly fueled by the Depression.  The government has arrested leaders of the agitation, including members of the fascist Iron Guard, but the Jews still live in fear.  Government sources claim communists are also involved in the unrest. 

Berlin: As they said they would, Chancellor Heinrich Bruening and President Paul von Hindenburg, operating under the emergency powers article of the German constitution, promulgate by decree the financial reform measures that the Reichstag wouldn’t approve.  The package calls for cutting $40 million in spending from the budget and raising income taxes 5% (10% for unmarried men).  It also calls for the federal government to stop funding the deficit between what cities pay in unemployment benefits and what they can afford to pay. 

No comments:

Post a Comment