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To: Homer_J_Simpson

Looks like the article on Schacht going to India was wrong. (To add to the item below - he was acquitted by the allies at Nuremburg over the objections of the Soviets.)

“Dr. Horace Greeley Hjalmar Schacht (22 January 1877 – 3 June 1970) was a German economist, banker, liberal politician and co-founder of the German Democratic Party. He served as the Currency Commissioner and President of the Reichsbank under the Weimar Republic, as President of the Reichsbank again between 1933 and 1939 and as Federal Minister of Economics between 1934 and 1937. Schacht was one of the primary drivers of Germany’s policy of redevelopment, reindustrialization and rearmament, and was a fierce critic of his country’s post-World War I reparation obligations. He was eventually dismissed from the cabinet due to his differences with Hitler and other prominent Nazis and eventually dismissed as President of the Reichsbank in 1939. Subsequently involved in a number of anti-Nazi plots, Schacht was arrested in 1944 by the Nazis, accused of taking part in the 20 July plot against the Nazis, and ended World War II in a concentration camp. In 1953, he founded his own bank, Deutsche Außenhandelsbank Schacht, which he led until 1963, and was an advisor on economic development to developing countries.”
http://en.wikipedia.org/wiki/Hjalmar_Schacht


14 posted on 02/01/2010 5:06:52 PM PST by PAR35
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To: PAR35
Looks like the article on Schacht going to India was wrong.

"There is a persistent rumor in New York - and I emphasize that I describe it as a rumor because I have neither the means nor cause to investigate it," he said, "that Mr. Schacht, former head of the German Reichsbank, is now in India in the employ of the Bank of England."

Kind of strange they would even give this its own headline. It reminds me of some of today's "journalism."

16 posted on 02/01/2010 5:20:50 PM PST by Homer_J_Simpson ("Every nation has the government that it deserves." - Joseph de Maistre (1753-1821))
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To: PAR35; Homer_J_Simpson

Well in all fairness there’s no real proof here that he didn’t advice the Bank on England, or was in India at this point. The Nazi’s have him listed as a “Minister without Portfolio” but for all purposes he has fallen out of favor. He doesn’t get arrested until 1944 so what he does over the next 4 years, aside from his involvement in the July 20th plot is really unclear. I did some cursory searching but can’t find anything definitive online anyway. Odds are its a bad article, but it does make it intriguing.


17 posted on 02/01/2010 6:47:04 PM PST by CougarGA7 (In order to dream of the future, we need to remember the past. - Bartov)
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