Page 21 - The Making of the German Post-war Economy

xx THE MAKING OF THE GERMAN POST-WAR ECONOMY

24 Feb First plenary meeting of second or enlarged Economic
Council
1 Mar Foundation of Bank deutscher Länder (later Bundesbank) by
military governors of the three western zones in
Frankfurt am Main
2 Mar Second election of directors in the Economic Council;
Ludwig Erhard becomes Director of the VfW
20 Apr-8 June German currency experts prepare insulated (conclave of
Rothwesten) and under Allied instructions technical
implementation of currency reform
21 Apr Keynote address of Ludwig Erhard in Economic
Council
25 Apr Communal and local elections in Bavaria and Hesse
30 May Communal elections in Bavaria
17/18 June Gesetz über Leitsätze für die Bewirtschaftung und Preispolitik
nach der Geldreform passed by Economic Council
18 June Currency reform in West Germany
Berlin Blockade
19 June Currency reform in Soviet occupation zone
21 June Erhard declares programmatic reorganisation of the
economy
22 June Double currency in Berlin
1 July Handing over of Frankfurt Documents to Prime Ministers
7 July Rittersturz Conference
14 July Prime Ministers of American zone of occupation meet
with Gen. Lucius D. Clay
10-23 Aug Herrenchiemsee Convent drafts Constitution for Germany
1 Sep Parliamentary Council assembles
2 Sep Periodical publication of price comparison list started
7 Oct Gesetz gegen Preistreiberei passed
17 Oct Communal and local elections in North Rhine-
Westphalia
24 Oct Communal and local elections in Schleswig-Holstein
3 Nov Abolition of pay freeze
5 Nov Communal and local elections in Wuerttemberg-
Hohenzollern
10 Nov Second motion of no confidence against Erhard fails
12 Nov General strike (9,2 million workers demonstrate for 24
hours)
14 Nov Communal and local elections in Baden, Rhineland-
Palatinate, Wuerttemberg-Hohenzollern
16 Nov Formation of Price Council