Dr. Paul Hertz, former Parliamentary Secretary of the German Socialist party, now in exile in Prague, is reported to have declared in an interview with the New York times correspondent:
“If the United States grants Germany credits for raw materials in any large quantities, the United States will be responsible for the next war in Europe. . . . Without a foreign loan–or credit for raw materials, which amounts to the same thing–Hitlerism in Germany is doomed. With the aid of a foreign loan Hitler may continue for some years. And continuance of his regime would imply the steady rearming of Germany.”
Hitler’s Germany is now spending huge sums on munitions and propaganda. The warning, sounded by the former Parliamentary Secretary of the German Socialist party merits most serious consideration. It is in a measure similar to the warnings uttered by Professor Paul Milukoff and by representative Russion revolutionists before the revolution, who declared that any loans made to Tsarist Russia at that time would be used for the purpose of intensifying the oppression of the Russian people, and that the Russian people would repudiate such loans in the event the autocracy was overthrown.
The situation is far graver now, for Hitlerism is beyond the slightest doubt paving the way for a new world war.
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