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#Markets

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But #Hitler made no effort to reassure the #markets, insisting that the #tariffs were necessary & that he needed time to fix the ruined country his predecessors had left him. “Within 4 years the German farmer must be saved from destitution,” Hitler said in his first national radio address as chancellor. “Within 4 years unemployment must be completely overcome.” Hitler provided scant details as to how this was to be accomplished.

Continued thread

Hamm went on to explain to #Hitler that even though Germany imported more agricultural products than it exported to its European neighbors, these countries provided #markets for German industrial production. (At the time, Germany imported on average 1.5 billion reichsmarks annually in agricultural products, while exporting an average 5.5 billion reichsmarks in industrial & manufactured goods.)