Word: reichsbanker
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Naturally leading bankers and financiers, in both Germany and the U. S., threw their influence behind the Lausanne settlement, hoping for cancellation all round and a fresh start. Thus Dr. Hans Luther, President of the German Reichsbank, telegraphed congratulations to Chancellor von Papen, and former President of the Reichsbank Dr. Hjalmar Schacht telegraphed the single word, "Bravo...
...Inflation, No Joke. First act of Chancellor von Papen was to confer with Dr. Hans Luther, President of the Reichsbank, and issue a communique that there would be no inflation, whereupon German securities slumped...
Significantly the New Chancellor sought fiscal advice from former President of the Reichsbank, Dr. Hjalmar Schacht, who nearly wrecked the Young Plan Conference at The Hague by his truculent demands (TIME, Jan. 27, 1930). "It would be no calamity," snorted Dr. Schacht, "if the forthcoming Lausanne Conference should be indefinitely postponed...
Meanwhile Dr. Luther was showing his friends a bullet hole through his clothing. "I'm not wounded at all!" he insisted, but friends forced him to undress. On the skin of the President of the Reichsbank they found a light red bullet crease, painted it with iodine as the train pulled out for Basle...
...questioning Economist Roosen, they got more than they bargained for. "The great Martin Luther nailed his 95 Theses on the door of the Castle Church at Wittenberg in 1517," said Dr. Roosen, "and I had in tended in 1932 to nail upon the door of Dr. Luther's Reichsbank my theses of how the financial problems of Germany can best be met. I had intended to do that, but was dissuaded from my course by friends who urged me to do what...