Word: schacht
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Other Nations: Montagu Collet Norman, Governor, Bank of England;* Dr. Hjalmar Schacht, President, German Reichsbank;† Nicola Pavoncelli, Chairman, Bank of Italy;** and the presidents of the state banks of the following countries with a large contingent of financiers from each: Austria, Belgium, Czechoslovakia, Denmark, the Netherlands, Hungary, Norway, Poland, Sweden, Switzerland...
...news. Fearful of lagging behind, the great news agencies tarried not to investigate but broadcast this roundest of round robins as fast as cable relays could click. Local editors in every capital hastily picked a financier of foreign nationality as the documents' author. British editors picked signatory Hjalmar Schacht, President of the German Reichsbank. Germans favored signatory Montagu Norman,*** Governor of the Bank of England. Frenchmen were sure that signatory John Pierpont Morgan was at the bottom of the woodpile...
Source. Thomas W. Lamont, potent Morgan partner, not a signatory, declared that the manifesto has been in circulation among international financiers for some time. Wall Street supplied the rumor that it took final form when Montagu Norman, Governor of the Bank of England, and Dr. Schacht, President of the German Reichsbank, conferred with Benjamin Strong, Governor of the Federal Reserve Bank of New York, at Antibes, French Riviera (TIME, Aug. 30). Of these three fiscal tycoons only Dr. Schacht would comment last week: "The manifesto is connected closely with the recent conference of German and British industrialists in England [TIME...
...GRETCHEN SCHACHT Hoboken...
...Schacht, though accounted sage in German and Allied financial circles, has something of a penchant for starting ill considered libel suits. His most famous action of this sort was to bring suit for libel against a German music publisher who had attached jazz music to a callow poem indisputably written by Herr Schacht in his youth and sold by him at that time for a pittance to a German magazine from whom it was purchased by the music publisher...