Blessed are they which do hunger and thirst after righteousness: for they shall be filled!
The terrorists only have to be right once, and we have to be right 100% of the time. That’s an unfair fight. I do think terrorist efforts have been weakened. The organization that did 9/11 — that Al Qaeda — I don’t think really exists, but it’s still dangerous because it’s more atomized — small groups of terrorists who one day probably will get lucky. - Condoleezza Rice

Hjalmar Horace Greeley Schacht

German economist, former head of Reichbank.

Hjalmar Horace Greeley Schacht
Birth 1877-01-22Death 1970-06-03
Parents
FatherUnknown
MotherUnknown
Goering Arranges Meeting With Hitler, Schacht, and Thyssen
Started 1931-01-01Ended 1931-01-01
In a meeting arranged by Goering, Hitler gets to preach his party line to top banker Hjalmar Schacht, and German Industrialist Fritz Thyssen. Both became major financial backers of the Nazi party.
Petition To Hindenburg For Hitler As Chancellor
Due to Communist party power growing in Germany some predominant powers began a petition to get Hindenburg to appoint Hitler to the chancellorship.
Newly Appointed Reichsbank Gives $70 Million To German Government
Started 1933-04-09Ended 1933-04-09
After three weeks of being appointed as president of the Reichsbank by Hitler Schacht gives the German government a check for $70 million dollars. The money was used to pay down some of Germany’s mounting foreign debt.
Newly Appointed Reichsbank Gives $70 Million To German Government
Started 1933-04-09Ended 1933-04-09
After three weeks of being appointed as president of the Reichsbank by Hitler Schacht gives the German government a check for $70 million dollars. The money was used to pay down some of Germany’s mounting foreign debt.
Schacht Purposes To Freeze Accounts In Germany Belonging To Foreigners And Emigrants
Started 1933-04-07Ended 1933-04-07
After the anti-Nazi boycott had started Schacht met with von Neurath and Hitler to talk about the dire situation. For a remedy Schacht purposes that the Reichsbank freeze accounts of foreigners and emigrants. This frozen money would be used to pay reparations while the owners would only be able to spend their money in Germany.
Schacht’s Trip To America
Started 1933-05-04Ended 1933-05-13
Schacht then President of Reichsbank had come to America to talk to President Roosevelt and the Secretary of State Hull about the current Germany situation. Roosevelt voiced concerns about the Jewish persecution going on in Germany, but was eager to mend economic ties. Also at the meeting Schacht dropped the bomb - Germany was running out of finances and would soon be defaulting on all external loans. Roosevelt’s response was “Serves the Wall Street bankers right!”. Hull was more concerned with this news and the affects that it would have on the depression ravaged American economy.

Schacht also met with President of RCA David Sarnoff and other prominent Jewish group heads including Stephen Wise. Schacht repeated the Nazi rhetoric that what was happening inside of Germany was not the concern of foreigners. The talks broke down and went nowhere - especially seeing that the Jews knew that the boycott was crippling Germany’s economy.

When Schacht was leaving he was contacted by James McDonald on behalf of the Foreign Policy Association. McDonald stated that France was talking about invading Germany and dividing up the country if the Jewish persecution continued. The information was relayed to Hitler after Schacht was back on the boat to Germany.

Positions

Reichsbank - President
Reichsbank - President
Initiated 1933-03-17
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