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The Great Depression

A Nazi Success?


When the stock market collapsed on Wall Street on Tuesday, October 29, 1929, it sent financial markets worldwide into a tailspin with disastrous effects.

The German economy was especially vulnerable since it was built upon foreign capital, mostly loans from America and was very dependent on foreign trade. When those loans suddenly came due and when the world market for German exports dried up, the well oiled German industrial machine quickly ground to a halt.

The Downfall

As production levels fell, German workers were laid off. Along with this, banks failed throughout Germany. Savings accounts, the result of years of hard work, were instantly wiped out. Inflation soon followed making it hard for families to purchase expensive necessities with devalued money.

Weimar Failure

The economic collapse of 1929 had dire effects on Germany. By 1932 two-fifths of the German workforce, or some six million people, were without a job. This resulted in many German voters abandoning their support for mainstream and moderate parties, instead voting for radical groups. It is unclear how much of this was genuine support for these parties and how much was a protest vote - but whatever the reasons, the NSDAP recorded significant increases in Reichstag seats in 1930 and July 1932. This propelled Adolf Hitler into the public eye, first as a presidential nominee and then as a potential chancellor. Without the miserable conditions created by the Great Depression, Hitler and the NSDAP would likely have remained a powerless entity on the margins of Weimar politics.

Nazi Electorial Tactics

Adolf Hitler and the Nazis waged a modern whirlwind campaign in 1930 unlike anything ever seen in Germany. Hitler traveled the country delivering dozens of major speeches, attending meetings, shaking hands, signing autographs, posing for pictures, and even kissing babies.

Joseph Goebbels brilliantly organized thousands of meetings, torchlight parades, plastered posters everywhere and printed millions of special edition Nazi newspapers. Germany was in the grip of the Great Depression with a population suffering from poverty, misery, and uncertainty, amid increasing political instability. For Hitler, the master speech maker, the long awaited opportunity to let loose his talents on the German people had arrived. He would find in this downtrodden people, an audience very willing to listen. In his speeches, Hitler offered the Germans what they needed most, encouragement, and gave them heaps of vague promises while avoiding the details. He used simple catchphrases, repeated over and over.

Hitler's campaign appearances were carefully staged events. Audiences were always kept waiting, deliberately letting the tension increase, only to be broken by solemn processions of Brownshirts with golden banners, blaring military music, and finally the appearance of Hitler amid shouts of "Heil!" The effect in a closed in hall with theatrical style lighting and decorations of swastikas was overwhelming and very catching which led many to vote for the Nazi Party.

Hitler's Appointment as Chancellor

The January 1933 appointment of Adolf Hitler as chancellor was the dagger through the heart of Weimar democracy. Yet just a few months before Hitler's appointment seemed unlikely. The man whose approval was required for Hitler to become chancellor, president Paul von Hindenburg, had a low regard for the NSDAP leader and no desire to appoint him as head of government. It took weeks of intriguing, rumour-mongering and lobbying before Hindenburg, by then showing signs of senility, changed his mind. Due to this decision, Adolf Hitler was appointed chancellor of the Germany government.