Word: hjalmar
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...year-old man with a prim, severe face flew into Cairo last week, looking like an old-fashioned country doctor making his calls. Carrying his little black briefcase and typewriter, and accompanied by his young-looking (44), smiling wife, Hjalmar Horace Greeley Schacht has been making the rounds of world trouble spots, prescribing oldfashioned, bitter medicine for economic ills...
...camel-hair bathrobe, Mohammed Mossadegh sat up in bed and received Hjalmar Schacht, chief fixer of Nazi Germany's elastic currency. In Teheran at Mossadegh's summons to take a look at Iran's Scheherazadian finances, Schacht presented Mossy with a plan to stave off bankruptcy. Main feature: increase the amount of money in circulation by 20%. He also pointed out that there was no real hope of balancing the books unless Mossy could reopen the source of nine-tenths of Iran's national income: the refinery at Abadan. Schacht added bluntly: Iranians are "lazy," ought...
Back in 1934 when Dr. Hjalmar Schacht was Hitler's financial boss, he had a law put on the statutes which ruled out of the banking profession anyone whose financial expertness or solvency was questionable, or who had "insufficient honor." The law helped the Nazis take over Germany's banking system. A month ago, Schacht, now a persimmon-faced 75, survivor of the Nürnberg war criminal trials and of denazification courts, asked the Hamburg Central State Bank for a license to establish an import-export bank under the name Hjalmar Schacht & Co. (capital...
...winter Olympics winding up at Oslo's famed Holmenkollen ski-jumping hill this week, some 150,000 Norwegians, shouting Heia! after each soaring leap, seemed to think that this was the best of all winter Olympic games. Native-born Arnfinn Bergmann won the big jump; Norwegian Speed Skater Hjalmar Andersen became a national hero by his grand-slam performance in winning the 5,000-, 1,500-, and 10,000-meter races on consecutive days; and Norway, according to unofficial point scores, won the games, 125½ to the second-place U.S.'s 89½. Yet the Norwegians still...
Purse-lipped, stiff-necked Dr. (of economics) Hjalmar Horace Greeley Schacht,* the seeming epitome of bankerly rectitude, has always known how to land right side up. Under Kaiser Wilhelm II he was an ardent nationalist; when the Weimar Republic was popular, he was an ardent Democrat and president of the Reichsbank; when Hitler's strength grew, he became an ardent Nazi: "I met Hitler and told...