To him all races were inferior to pure German stock.
There was also built a new depot for the German rolling stock.
"We of German stock regard each day as a glorious opportunity to do something constructive."
Analysts here say that the weakness in German stocks may have little to do with the political process.
For Americans, that loss was cut to less than 5 percent because German stocks are worth more in dollars.
In Europe, the biggest question is whether to buy German stocks.
German stocks were lower across many industries, with the heaviest losses in chemicals and financial services.
But the forecast of strong growth did not stop the German stock and bond markets from falling.
But German stocks' decline was already well under way before then.
But the analysts see few gains in German stocks.