Word: reichsbanker
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...took a look. The mine was held by eight German civilians. Two were polite, worldly men from Berlin: 1) moonfaced Werner Vieck, a Reichsbank official; 2) pale, gaunt Dr. Paul Ortwin Rave, curator of the German state museums, assistant director of Berlin's National Gallery. They talked quite frankly about their secret, now that it was no longer secret. The mine, they said, held...
Banker Vieck regretted that he could not show the cache of gold; somebody had lost the key to the chamber. The Americans obligingly blew out the wall. And there was the gold, each 25-lb. bar wrapped in a sack, each sack tagged: "Reichsbank." There were sacks of gold coin, some of them too heavy for a man to lift. There seemed to be even more gold stacked in the dim-lit, salt-crusted chamber than Vieck had said...
Money. Many Germans worry about inflation. Reich Minister of Economics Walther Funk recently tried to reassure an assembly of big shots at the Reichsbank: Never mind the rising tide of bank notes; the money situation is under control. But many people are buying whatever fixed values they can put their hands on (favorite investment: rare stamps, because they can be easily hidden and transported...
...ring's rise is a study in speed. By decree (July 23, 1937) he took over low-grade iron deposits in Salzgitter. Two days later and with $2,000,000 (at 40? to a mark) of the Reichsbank's money he formed the Hermann Göring Works to compete with his steel friends in the Ruhr. With the help of famed U. S. Engineer Herman Alexander Brassert, he built a smelter, a rolling mill, a canal over ten miles long, houses for 150,000 workmen. Then, like a geyser, the Göring Works shot up into...
...abroad without credit, a nation must have goods or gold to offer. In 1916 the Reichsbank alone had a gold reserve of 2,500,000,000 marks. Today highest estimate of published and secret gold reserves is one-half billion marks...