After the National Socialist election victory of 14 September 1930, the Social Democratic party hacks began to tolerate the bourgeois Brüning cabinet that they had previously opposed. They attempted to make the Nazis responsible for the resulting flight of capital.
The Nazis are responsible for the capital flight! It is interesting that the same elements that always lied in claiming the Nazis were capitalist hirelings suddenly wanted to blame the Nazis for capital flight. One sees here how one Marxist lie contradicts the other. If the Nazis were really capitalist hirelings, why would capital flee abroad because of them?
Where is the logic in that? However, logic is never important to the desperate Social Democratic party hacks and their swindles. They lie for the practical purpose of saving themselves.
They thus kept silent to the masses about the law the NSDAP proposed in the Reichstag to prevent capital flight:
“He who has money or other valuables abroad must report to the relevant finance office with a month of the effective date of this law precise details about where the foreign assets is held. If the finance office requires the return of the assets kept abroad, this is to be done immediately and proof of the fact is to be given to the finance office within the stated time period. In the event this is not done, a penalty equal to the value of the assets abroad is to be charged, which is due immediately from the debtor. The entire domestic assets of him who does not meet the duty to report will be seized for the benefit of the whole of the German people. Also, violation will be punished with prison for treason.”
The hypocrites who complained most about capital flight voted against this law.
It has since become clear why Red collection of party hacks had to oppose this law. It turns out that capital flight, which they tried to make the Nazis responsible for, was actually practiced by the Red party hacks themselves and their friends. A few examples:
1. When the Amstel Bank in Amsterdam collapsed, it turned out that, among others, the Jew Max Pallenberg, the radial comrade of the Social Democratic newspaper Vorwärts’ editor, had deposed $250,000 in Holland.
That is capital flight!
2. The former mayor of Berlin Bötz —known for his role in the Sklarek fur coat affair — has a luxuriously furnished palace in Switzerland!
That is capital flight!
3. The former Social Democratic mayor Kauer from Sonnenberg (Thuringia) owns an elegant, comfortable villa on the Swiss border, and enjoys the pension that an impoverished German city has to pay him! Before the war, Knauer was an upholsterer’s apprentice.
That is capital flight!
But one reads nothing of these capital flights in Social Democratic papers! The Red sensationalist newspapers, however, keep agitating and lying.