How Germany reduced unemployment

Within little more than a year unemployment in Germany descresed more than 50 per cent. This has aroused questions as to whether this development is "natural" or "artificial". An analysis of the causes of unemployment in Germany makes evident that all ideas of automatic readjustment had to be discoarded. An active attitude of the governament was required in order to cope with the situation. The article describes the development of public works, especcially the system of revolving found to finance these enterprises without currency inflation. Special legal methods of stimulating regular business are reviewed. The unemployment problem of young people has been solved by the Landhlife and the Voluntary Labor Service. Whereas in 1933 the number of public workers increased rapidly, it decreased in the summer of 1934 as regular business becme more and more able to absorb public workers. Consequently, an eventual decline of regular business can be checked by again extending public works.