In 1943 the Nazis made a movie version depicting the Titanic disaster. The plot makes it clear why Nazi stood for “national socialism”.
A proclamation to the stockholders of the White Star Line declares the value of their stock is falling. The president of the Line, J. Bruce Ismay (E.F. Fürbringer), promises to reveal a secret during the maiden voyage of the line’s new RMS Titanic that will change that. He alone knows she can break the speed record and receive the Blue Riband, and he believes this will raise the stock’s value.[3] Ismay and the board of the White Star Line plan to manipulate the stock by selling short their own stock in order to buy it back at a lower price just before the news about the ship’s record speed is revealed to the press.
On Titanic‘s maiden voyage in 1912,[4] First Officer Peterson (Hans Nielsen), who is German, begs the ship’s rich, snobbish and sleazy owners to slow the ship down, but they refuse, and Titanic hits an iceberg and sinks. The passengers in First Class act like cowards, while Peterson, his recently impoverished Russian aristocrat ex-lover Sigrid Olinsky (Sybille Schmitz), and other German passengers in steerage behave bravely and with dignity. Peterson manages to rescue many passengers, convinces Sigrid to get into a lifeboat, and saves a young girl, who was left to die in her cabin by her uncaring capitalist parents. In the ship’s final death throes, Peterson leaps from the deck with the little girl still in his arms, and is pulled aboard Sigrid’s lifeboat, where the two are reunited; the occupants then watch in horror as Titanic plunges beneath the waves.
At the British Inquiry into the disaster, Peterson testifies against Ismay, condemning his actions, but Ismay is cleared of all charges and the blame is placed squarely on the deceased Captain Smith‘s shoulders. An epilogue states that “the deaths of 1,500 people remain un-atoned, and eternal condemnation of Britain’s endless quest for profit.”