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90 years ago today: Chancellor warns of impending ruin

Negotiations on the budget are not making progress.

New Free Press on October 2, 1931

The Chancellor appeals: The economic situation can no longer be endured. Dr. Buresch directs an incantation to Parliament. He reported on all the concessions that the government has granted so far. He emphasized that we have a very serious situation that can only be mastered if one does not stop halfway. We must act swiftly to avoid impending ruin.

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