German troops march past in a parade for Admiral Horthy of Hungary.
Various shots of German troops marching (goose-stepping) past Governor Admiral Horthy, Dictator of Hungary in a huge military parade. German children watching in the crowds make the Nazi salute. Soldiers on horseback, large artillery guns and army tanks also take part in the parade.
Commentator talks of the new field gun with a barrel forty feet long that appeared for the first time here - "Cameramen were forbidden to photograph it... on pain of being charged with treason. No cameraman did photograph it - cameramen prefer to keep their heads!"