Abstract

Germany's Rehabilitation

Ten years after the collapse of the old German Empire German industry gives every sign of growing strength. It is still far from normal, it is still in a transition stage, in which a large part of the effort has to be directed toward repairing the ravages of the war and post-war days. But since 1924, these efforts have been successful. In 1927, for instance, Germany produced an average of 15.59 million tons of coal per month, as compared with 13.34 in 1913 in the same territory, or 17.46 in the full territory of the old empire. Since 1924 German industry has again had the sense of solid ground underfoot, just as the political state has shown itself stronger and healthier in the same period, and it has been fighting its way up the mountain. But behind this five-year period of growth lies the first post-war period, the years 1919-1923 with their burden of grim misery, when the new German state seemed to be doomed.