Word: schacht
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Dates: during 1940-1949
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Hitler's financial Merlin, Dr. Hjalmar Schacht, who was acquitted of war crimes in Niirnberg, was back at the old stand with a sure cure for Germany's ailing finances. In a new book, Schacht called for a return to the gold standard and a billion-dollar U.S. gold loan to Germany to back the mark...
Frau Koch will not be alone next year. Hjalmar Schacht has been released. There is no counting the former Nazis now honeycombing the German bureaucracy. Denazification has been handed over to the Germans. This sort of carelessness bankrupts our program for the rehabilitation of Germany...
Hjalmar Horace Greeley Schacht, onetime boss of the Reichsbank (and a convicted "major Nazi offender" released last fortnight by a German appeals court) got cautiously astride the Marshall Plan fence: "I rejoice over the willingness of the American people to help Germany ... To live from alms kills a man's dignity...
...even more specific: "We shall be working on bilateral agreements instead of multilateral." This meant that Britain, the second greatest trading nation in the world, would still be tied to the ideas of blocked currency and barter agreements that had been developed by Hitler's Dr. Hjalmar Schacht...
Gisevius: "Schacht, Oster and I sat around Witzleben's fireplace [burning] our lovely plans...