London (Oct. 1)
The industrialists, the triumph of the Nazis, the depreciation of the pound, the worsening of the economic crisis, and the increase in the budgetary deficit (despite all economies and all new taxes) are combining to drive the Bruening Government-which in any case is Conservative by nature-far to the Right, the “Manchester Guardian” writes to-day. Dr. Bruning has no personal fondness for the Nazis, it says, and has no particular wish to govern with them, but he is gradually being compelled to consider the alternative of governing with them or of suspending the Constitution, because he can no longer be sure of the support of the Socialists, who give him his majority in Parliament. For the Socialists and the trade unions the situation is rapidly becoming untenable.
The Socialist leaders have prevailed upon the Government to modify some of its harsher cuts and economies from time to time, but it is doubtful whether the Chancellor can make further concessions even if he would like to. In that case they have no choice except going into Opposition, and in that case the great opportunity of the Nazis will have come.
As the financial credit of a nation is so sensitive nowadays, the “Manchester Guardian” concludes, it should be pointed out that there is no warrant for assuming that a German Government in which the Nazis are represented, or even one in which they preponderate, will be at all unreasonable in foreign affairs. For all his Nationalism, the Nazi is not so much anti-French or anti-English as anti-Socialist. FOR PERSONAL USE.