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...Hjalmar Schacht, ramrod-backed, high-collared Governor of the Reichsbank, rose for Germany (which went through the world's worst inflation) to snap, with obvious reference to the U. S., "Some countries have deliberately abandoned stable currency, trying to influence economic conditions by monetary experiments. However deeply we regret this, we cannot deny a sovereign state the right to do what it likes...

Author: /time Magazine | Title: WORLD CONFERENCE: Courage and Patience | 8/7/1933 | See Source »

...confessed. "It is getting so I don't recognize it any more. We may get somewhere-I hope we do-but I'm no bleating optimist any more!" "We Cannot Participate!" With the chief Continental delegates mostly back on the Continent (where Germany's blunt Dr. Hjalmar Schacht said last week that the motto of future conferences ought to be "No More Chatter!") a real issue developed in London between the Mother Country and her Dominions...

Author: /time Magazine | Title: WORLD CONFERENCE: No More Chatter! | 7/24/1933 | See Source »

Nominally be-monocled German Foreign Minister Baron Konstantin von Neurath, decorative socialite, was Chief Delegate. But at his side stalked long-necked, domineering Dr. Hjalmar Schacht, Governor of the Reichsbank. To make things more exciting before he left Berlin Dr. Schacht recommended and Chancellor Hitler decreed last week a blanket and indefinite moratorium blocking payment of service charges on practically all German foreign obligations except her already frozen still-haltung credits. This move sent Germany dramatically to London hat in hand, served notice that unless she receives favors of some sort from the Conference her total borrowings are as good...

Author: /time Magazine | Title: INTERNATIONAL: The World Confers | 6/19/1933 | See Source »

...Unemployment" sounded like most of the unemployment relief plans that every German Chancellor from Luther to von Papen attempted: a program of public and private works to cost 1,000,000,000 marks for which the government will issue Treasury notes, under the sole supervision of Reichsbank President Hjalmar Schacht...

Author: /time Magazine | Title: GERMANY: Job Control | 6/12/1933 | See Source »

...crossed the Atlantic to talk trade agreements with the President. For Guido Jung. Italian Minister of Finance whom Premier Mussolini had dispatched to Washington as his personal representative, President Roosevelt gave a large State dinner-but without Signor Jung who had been fog-bound in New York harbor. Dr. Hjalmar Schacht came as Adolf Hitler's special envoy. When Victor Ridder, one of the publishers of the New York Stoats-Zeitung, present as an official greeter, tried to press-muzzle him, the tall square-faced president of the Reichsbank resentfully exploded: "When you get through talking, I will talk...

Author: /time Magazine | Title: National Affairs: G-O-T | 5/15/1933 | See Source »

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