Word: schacht
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Even the German delegation was declared to have tacitly endorsed this principle, last week, as a result of repeated personal conferences between Manhattan's sociable yet determined Owen D. Young and Berlin's somewhat brusque and offish Dr. Hjalmar Schacht-he who only last fortnight embroiled the committee by suggesting that its august proceedings amounted to "shady horse-trading...
...Chairman Young did thus actually obtain the agreement of Dr. Schacht to the minimum figure of $8,800,000,000, he performed a major feat. So sanguine seemed the delegates of results to follow that they determined to meet hereafter on Sundays as well as week days in an effort to fix as soon as possible how much more than minimum the Fatherland must pay. This surplus above the Allied needs for repayment to the U. S. is supposed to partially cover the cost of repairing War damage done by German forces by land, sea, and air. Reputedly, the Young...
Courage to tell the foremost financiers of the Great Powers that they resemble a gang of shady horse-traders is possessed by Dr. Hjalmar Schacht, the famed "Iron Man" who is President of Germany's Reichsbank. Today he represents the Fatherland on the Second Dawes Committee in Paris (TIME, Jan. 14 et seq.) which is trying to revise the Dawes Plan and decide how much Germany must eventually pay in reparations. Last week the "Iron Man" found himself deadlocked with the delegates of the Great Powers, who include John Pierpont Morgan. Result: Dr. Schacht, who fears not even Wall...
Hitherto Germany's representative−her famed "Iron Man," Dr. Hjalmar Schacht, president of the Reichsbank−had hung doggedly to $332,000,000 as the greatest sum the Reich could possibly pay. Last week, however, he appeared so struck by the figure $420,000,000 that, clapping on a Hamburg hat and greatcoat, he caught the Nord Express for Germany...
...Reichsbank when he arrived. In the Fatherland, where such an assemblage represents the colossal vested interests of a score of banking and industrial trusts, it does not take long to sound out the opinions of ''big business." Therefore after only the briefest conference, "Iron Man" Hjalmar Schacht boarded the Nord Express for Paris, appearing to be, as usual, somewhat less gracious and communicative than a snapping turtle...