25 OCTOBER 1930, Page 3

After the passage of the Debt 'Redemption Bill and its

reference to the Budget Committee, the Reichstag listened to a statesmanlike and telling speech. by Herr Hermann Midler which confirmed the Socialist promise of support, at least for the time being. The trial of the Socialists' remedy for unemployment—short-time—in certain industries suggests that Business is working with the Government in Constitutional loyalty. When the Reichstag meets again in December the danger of a dictatorship may have disappeared. There may then be a reasonable prospect of reviving the Grand Coalition of all the middle Parties which steered the ship through very difficult waters a few years ago.

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