The Archive · 1939

Iwo Frontiers to Be Guarded

He added that the Rome-Berlin axis placed upon France the obligation of facing all contingencies upon two frontiers. He declared that the increase of material for the French Army falsed needs for the increase of manpower.

The development of France's fortified systems called for an Army of about $50,000 men at least, or some 100,000 more than are at present underarms, Ant-alreratt defence organization and the French Air Force are insuMelently provided with men.

The Air Minister. M, Guy La Chambre, made 'a bring speech in which he justified France's purchase of American planes. "Our orders were for the best craft available in the United States and this fact France owes "to President Roosevelt," he stated, MI. La Chambre al emphasized that the French aviation industry was making an effort on ity own, At present, the rate of plane production in Prance is 90 craft per month; soon At wil be Faired to 100, he concluded, Haves, Reichsbank "Purge"

Continues The "purge" of the Reichsba carried a step further toda Ehthardlt and Herr Blessing, Directors of the Reichsbank, have been re-Vieved of their posts by Herr Hitler.

Both men belonged to the old school of conservative bankers. They were very close collaborators of Dr. Hjalmar." Schacht, until recently President of the Reichsbank, when he was in temporary charge of the Ministry of Economics.

Their duties in future will be shared by Herr Wilhelm, a Director of the Reichsbank; Herr Kurtlange, oficial of the Ministry Economies, andi Herr Bayrhosser of the Ministry of Finance, Herr Kurtlange, who ix 45, hax been in charge of th the Four-Year Plan was formerly President of the Hamburg Finance Administration Reuter.

De, Schacht's Fatal ftepo Berlin, Feb. 4. rumoured here that the removal from the Governorship of the Reichsbank of Dr. Hjalmar Schacht followed his report to Herr Hitler fon the financial situation in Germany: and the condition necessary to finance expenses.

This report was signed by eight members of the Reichsbank Board of Directors, all of whom have been replaced. It is understood that three other members of the Board will also be removed from office Havas.

Text read from the printed page and cleaned; old type leaves the occasional error.

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