Word: reichsbanker
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Dates: during 1930-1939
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Breaking Through. Goading President Hoover, Tomcat Briand, Secretary Mellon and Premier Laval to efforts which finally succeeded was the desperate state of the German Reichsbank last week...
...seek relief from"Reparations (TIME, June 15). U. S. bankers with five billion dollars invested in Europe had long been prodding the White House to ACT, to avert Germany's economic and perhaps political collapse. Since June i, $250,000,000 in gold reserves had fled from the Reichsbank...
Even Dr. Curtius' own People's Party seemed to want to get rid of him (his popularity has waned since he "bungled" the Austro-German customs union scheme). At a hectic midnight meeting the People's Party caucus ignored pleas by Dr. Curtius and President Luther of the Reichsbank, voted stubbornly and contrarily to desert the Brüning Cabinet, desert Dr. Curtius and go into Opposition. That amazing act shook the Iron Chancellor's nerve. He began to hint to the Socialists (Germany's largest party) that his emergency decree is "subject to amendment...
Ever since he resigned as President of the Reichsbank, stiff-starched Dr. Hjalmar ("Iron Man") Schacht has been posturing and talking as though he were still Germany's "financial spokesman." Throughout the world last week, holders of the so-called ''Young Plan Bonds" (German Government 5½s) winced when Dr. Schacht answered in Stockholm a smart Swedish reporter's question...
...rushing to Sweden for a lecture engagement, Dr. Schacht had cancelled a previous engagement to speak last week at the opening of Leipzig's famed spring Trade Fair. His place was taken by a less intense but much more potent man, Dr. Hans Luther, today President of the Reichsbank...