It was yet another illusion when one celebrated the Fata Morgana of a Dawes spring as the start of an economic rescue of the state.
The hope one put in the Locarno agreement was an illusion, just as the Young Plan was based on illusions.
Illusions from Dawes to Young
It was an illusion when one thought that one could salvage the finances of the Reich and the Provinces with the Young Plan, also an illusion that one thought that it could rescue the economy.
It was an illusion to believe that the Young Plan would eliminate unemployment, and another illusion that it could save agriculture from collapse. And above all these, there was the still greater illusion that stable and organized conditions had been achieved.
Yes, Herr Reich Chancellor, our reasonable and realistic government leadership fell victim to these illusions, and to countless others besides!