4 JUNE 1932, Page 1

The Outlook in Germany

Later information than was available when the article on another page on the German situation was written throws a rather clearer light on the political outlook. Herr von Papen, whose appointment as Chancellor has been hailed with mingled astonishment and derision, will attempt to govern with a Cabinet of Junkers, soldiers and industrialists, and without the Reichstag, in which he could certainly be beaten on a division, for Nazis, Socialists and Centre are all against him. Herr Hitler is biding his time, and can well afford to, for if the Reichstag is dissolved as it must be, the coming elections will give him his supreme opportunity. The Socialists and the Centre have both gone,. into opposition, and will gain both freedom and strength thereby. The new administration seems bound to break down on finance and there is no knowing what harm it may do to the country's financial position in the meantime. The man to watch is undoubtedly the new Minister of Defence, General- von Schleicher, who is n good deal more than a soldier de carriers. Nationalist as the Government is, it does not necessarily share the Nazis' ambition to make Germany as for as possible self-sufficing commercially.

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