Fight against inflation

Fight against inflation

After Sikorski, Witos and Głąbiński took over the economy in a country with recognized borders, but no gold, no treasure. Half a year was wasted. The meeting of former treasury ministers did not save the Polish mark, which […] in year 1922 convened Wojciechowski. Grabski's undeniable merit was still in 1921 r. creating a financial plan for three years, unfortunately he only thought of sound thoughts, when there were electrifying deeds. Intervening with Sikorski on the stock exchanges, Grabski emptied his currency wallet, from where the odium fell on the next row. When he left after revealing this sad truth, Hubert Linde's successor turned out to be unfit for this position. Only the third Minister of the Treasury, Władysław Kucharski, chosen by Dmowski, he has shown a firm hand to amateurs of broad expense and cared for the percept. He passed the tax law through the Seym: permanent, land and one-time property, about municipal finances, and no less important about the valorization of fees for the treasury, unfortunately their effects could not come true soon, meanwhile, the price crisis raged across the country. Socialists guarded the price movement for the benefit of workers; no one had even thought of the balance of income and expenditure, nor over the trade balance. This one got rich, who had strong elbows and smarts; people living on "fixed income" suffered, so officials. Industry was developing, it withstood poverty from agriculture. Kucharski made a mistake, at the very least, making it easier for French capitalists to pay off their debt to the treasury for contributions to the Żyrardów factory – without securing its valorization, which he himself foresaw as inevitable at the time. Socialists demanded that the minister be brought before the State Tribunal, but for this the minister lacked the courage, and a qualified majority of the Seym. Meanwhile, one after another strikes broke out in the country, often inevitable for self-defense in the struggle for existence, increasingly inspired by enemies of the government, and even by the enemies of Poland. Witos' office could hardly maintain trust even among its followers. How to rule here, what rights to write, when tomorrow was darkened, it was a catastrophe unknown in the history of Poland and Europe? Again, like a year 1920 it took the effort of the entire nation to postpone party accounts for another time. But such a miracle of consent did not seem to be expected.

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