As the German economy thrived (1954)
Citations (1)
- The Warburgs: The Twentieth-Century Odyssey of a Remarkable Jewish Family whole source · open book
As the German economy thrived, the Hamburg bank posted impressive profits. Visiting Germany in early 1954, Siegmund wondered at the “monstrous industriousness of the people,” the tonic effect of low wages and tax incentives. Hugely attracted to the aggressive Deutsche Bank, he noted nonetheless that German businessmen automatically assumed he was allied with Brinckmann, Wirtz.
chapter: 40 - Itinerant Preacher