Word: schacht
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Berlin, by hailing Germany's No. 1 Jew-baiter as a hero last week (see above), forced into prominence the deep, half-hidden split between popular Nazi demagogs and Adolf Hitler's unpopular Big Business friends whose key man is Reichsbank President Dr. Hjalmar Schacht, Minister of Economics and charged by the Realmleader with finding money for everything from poor relief to export subsidies and pocket battleships...
With Berlin boiling about Jews, Dr. Schacht sped up to cool East Prussia, opened the Konigsberg Fair with a bold declaration that Nazi extremism is "damned dangerous...
...Lord, protect us from our friends," cried Dr. Schacht...
Adolf Hitler's success thus far in regaining Germany's "national honor, freedom and armaments," Dr. Schacht called "stupendous," and most German businessmen would thoroughly agree. These gains, the Reichsbank President warned, are threatened by Nazis whose actions are "like sand in a machine...
According to an economist close to the Minister of Economics and Reichsbank Governor Dr. Hjalmar Horace Greeley Schacht, "It may be necessary to wean the German public from certain luxuries by permitting their price to rise. Our egg reserve is seriously depleted by premature withdrawal of eggs from cold storage and a grave egg shortage may result this winter, but after all eggs are luxuries...