At that time there was no party in Munich with the exception of the Marxist parties--certainly no nationalist party--which was able to hold such mass demonstrations as ours. The Munich Kindl Hall, which held 5,000 people, was more than once overcrowded and up till then there was only one other hall, the Krone Circus Hall, into which we had not ventured.

At the end of January 1921 there was again great cause for anxiety in Germany. The Paris Agreement, by which Germany pledged herself to pay the crazy sum of a hundred milliards of gold marks, was to be confirmed by the London Ultimatum.