6 - 1923 – A Missed Opportunity?

Summary

Chapter 6 deals with the crisis year of 1923 and examines the German Right’s response to the hyperinflation of 1922–23, the Franco-Belgian occupation of the Ruhr, the increasingly palpable fear of Bolshevism, and threat of Bavaria’s secession from the Reich. After a discussion of the DNVP’s relationship to the Cuno government that assumed office in November 1922, the chapter takes a particularly close look at its opposition to the Stresemann cabinet that assumed power at the height of the crisis in August 1923. Following the termination of passive resistance in the Ruhr, many DNVP leaders began to embrace the idea of a “national dictatorship” under the tutelage of the army commander-in-chief Hans von Seeckt as the only way out of the crisis in which Germany found itself. But movement in this direction was cut short not only by Seeckt’s ambivalence but more importantly by Hitler’s abortive “Beer Hall Putsch” in Munich. As the Stresemann government moved to consolidate its position in the aftermath of the putsch, any chance of replacing the Weimar Republic with a more authoritarian system of government had vanished.