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...negotiates ceaselessly among the former enemy powers from whom he has filched many a concession; 3) stern, able Defense Minister Otto Gessler is even more a fixture at his post than is Dr. Stresemann in his; he works tirelessly, commands imperiously and never gives interviews; 4) finally President Dr. Hjalmar Schacht of the Reichsbank is a granite wall against which some finance ministers lean for support and others butt in vain. Vigorous scathing Dr. Schacht never deviates from his wise, constructive councils of economy...

Author: /time Magazine | Title: INTERNATIONAL: Who Rules the World? | 1/2/1928 | See Source »

According to the Journal of Commerce those re-discount reductions were the result of the recent visit with Governor Benjamin Strong (the New York Federal Reserve Bank) of Governor Montagu Norman (the Bank of England) Deputy Governor Charles Rist (the Bank of France)' and Dr. Hjalmar Schact (head of the German Reichsbank) (TIME, July 11). Those visitors went with Governor Strong to Washington for a conference with members of the Federal Reserve Board...

Author: /time Magazine | Title: 3% Money | 8/15/1927 | See Source »

...Hjalmar Schacht, President of the German Reichsbank, with a mind as clear-thinking as a calculating machine, is one of the constructive geniuses of post-War Germany. Born in 1877 he was a partner in the Darmstadter-und-National bank until 1923, worked with the Reich Currency Commission that set up the present gold mark standard in Germany, cooperated with the (Charles Gates) Dawes Committee on German reparations. He has been president of the Reichsbank since 1924. He is a stern man to deal with, imperturbable and ruthless in carrying out a fiscal program. Only seven weeks ago, when German...

Author: /time Magazine | Title: Business & Finance: International Bankers | 7/11/1927 | See Source »

...high "V"-split collar like that of Charles Gates Dawes. A Theodore Roosevelt pince-nez. Such are the two foibles of dress affected by President Dr. Hjalmar Schacht of the German Reichsbank. There was a dash of Roosevelt and more than a tang of Dawes in certain words spoken by Dr. Schacht, last week, which caused prices on the Berlin Bourse to break and go crashing down harder and lower than at any time since...

Author: /time Magazine | Title: GERMANY: Market Crash | 5/23/1927 | See Source »

...skirt drawn up to her knees, her toes resting on a woolworked cushion. She was to admit to her home that night, against her will and yet somehow with all her heart, a vast foreigner: a simple Swede, a blond HerculesApollo, whose strangely formal card contained the words: Hjalmar Johanson, Gymnastic Instructor. The storm passed in the night. But only with convulsive effort and in the space of a year did Polcastrians rid themselves of Harmer John, as they, first in affection, later in derision and finally in hate, miscalled him. During that year he encountered, with unintentionally poignant results...

Author: /time Magazine | Title: NON-FICTION: Saint Darwin | 11/22/1926 | See Source »

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