Word: reichsbanker
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Dates: during 1930-1939
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From Propaganda Minister Dr. Paul Joseph Goebbels came a symposium of German movies from 1910 to 1939. Labor Front Leader Dr. Robert Ley presented a Volkswagen, the cheap German-manufactured car not yet available to the public. For the Reichsbank Dr. Walther Funk gave a version of Titian's Venus at the Mirror which official Germany now accepts (although many art critics do not) as one of two authentic originals of this painting...
...Hjalmar Schacht, German master of ledgerdemain, ousted from the Reichsbank presidency in January to make way for Nazi inflationists, embarked on a world-circling vacation trip. Last week he arrived in Bombay, India, tush-tushed reports that he had come to barter for Indian cotton. Surprisingly unsanguine, he said of Britain's stop-Hitler alliances: "We will do our best when the time comes. . . . We will give them a good fight...
Inflationary and promissory plans like this have long distracted German financial experts (except Hjalmar Schacht, who controlled currency with a firm hand). Latest to crack under the strain is Reichsbank Vice President Dr. Rudolf Brinkmann, who lasted less than four weeks in office. One day just before he was sent to a sanatorium for a rest, Herr Brinkmann was feeling on top of the world. Carefully going through the personnel of the Reichsbank and picking out many of the most talented men, he called them together. He also summoned a brass band. "Play a march," he said to the band...
...London last week for a "private visit" went Adolf Hitler's financial magician, clammy-handed, high-colored Dr. Hjalmar Schacht. President of the Reichsbank. Dr. Schacht is the only German bigwig who is persona grata in British financial circles for, despite the way he has kicked around the laws of economics, British bankers like to think that he has done so under political compulsion, that fundamentally he is a sound financier who may eventually lead Germany back to respectable financial methods: His host last week was his old friend, hoary-bearded Montagu Norman, Governor of the Bank of England...
...squabbles, timidity engendered by the start of the "opoly" hearings. More tangible is the point that the Government's spending, even though operating at a level $400,000,000 greater than last year, is again proving to be a mere teaser. All this greatly amused Germany's Reichsbank Governor Dr. Hjalmar Schacht. With German industrial production up 100% in five years, he took occasion in a Berlin speech to praise a "directed economy," crack that Germany had not needed to "finance consumption through the arbitrary scattering of money by the State...