The dispute between the Reich government’s Grand Coalition and the “United Front” governments in Saxony and Thuringia threatens to tear the SPD apart, as it is represented in all of the concerned governments. After the failure of the left-wing coalitions in Central Germany, the SPD fears losing party members to the KPD if the SPD remains part of the Reich government, which is still tolerated by the Bavarian government led by Kahr. The SPD decides to withdraw from the Reich government on 2 November due to unfair treatment of left and right-wing state governments.
[Winkler, p. 229-230]
8 - 9 November
When Kahr and Lossow begin to distance themselves increasingly from the völkisch and Nazi forces, the latter plan an independent putsch to be led by Hitler and Ludendorff. During an assembly called for by Kahr, Hitler and Ludendorff occupy the hall with SA men and force Kahr and Lossow to agree to the proclamation of a new Reich government. Yet O.C. Kahr and Lossow are freed, they revoke their approval and plan to end the attempted coup. Despite their precarious position, Hitler and Ludendorff decide to march towards the Feldherrenhalle. In the end, the march is stopped by the State Police of Bavaria and the putsch fails.
[Kolb, p. 55]
In order to avert an imminent coup by Hitler and Ludendorff, Seeckt is granted executive power and supreme command of the Reichswehr. This technically gave him the necessary power to carry out a nationalist putsch. Yet after the events that took place between September and November, the German people are aware of the dangers of a right-wing dictatorship. Seeckt wants to avoid civil war and therefore strives to uphold the Reichswehr’s loyalty to the constitution. He even bans the extremist parties: the NSDAP and the KPD.
[Büttner, p. 207]
The Rentenmark replaces the Papiermark as the currency of the Weimar Republic. When the Papiermark to Dollar exchange rate stabilizes (at 4.2 trillion to 1), the exchange ratio of the Papiermark to the Rentenmark is fixed. The Rentenmark is then valued at 1 trillion Papiermarks.
[Winkler, p. 237]
In view of a motion of no confidence initiated by the SPD, Reichskanzler Stresemann calls for a vote of confidence in parliament. The Reichstag votes 231 to 156 against the Stresemann government. The Reichskanzler resigns. His successor is Center Party politician Wilhelm Marx, who leads a bourgeois minority government. Stresemann is appointed Foreign Minister, thereby initiating a period of continuity and stability in German foreign policy.
[Winkler, p. 240/243]
The Reparations Commission decides to establish two independent expert commissions that are to develop a plan for solving the reparations problem. This decision opens a path towards a solution to the reparations issue.
[Kolb, p. 67]