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The Tragedy of War and the Dawn of a New Era

In: Swiss Banking

Author

Listed:
  • Hans Bauer

    (Swiss Bank Corporation)

  • Warren J. Blackman

    (The University of Calgary)

Abstract

Most Swiss bankers must have been well aware of the coming catastrophe of World War II. With preparations for the coming war being laid down long in advance of the outbreak of hostilities, it was just a matter of when, not if. Since the historical relationship between Germany and Switzerland had always been strong, and the objectives of Hitler were so well publicised, it must have been obvious to everyone, especially bankers, that war was inevitable. This contrasted sharply with World War I which took Switzerland, and all the world for that matter, completely by surprise. It was next to impossible, save for seers and fortune tellers, to foresee the events of August 1914. By contrast, the invasion of Poland in 1939 could hardly have been anything but expected.

Suggested Citation

  • Hans Bauer & Warren J. Blackman, 1998. "The Tragedy of War and the Dawn of a New Era," Palgrave Macmillan Books, in: Swiss Banking, chapter 12, pages 221-255, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-26735-4_12
    DOI: 10.1007/978-1-349-26735-4_12
    as

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