German - Economist | January 22, 1877 - June 3, 1970
With the aid of this credit policy, however, Germany created an armament second to none, and this armament in turn made possible the results of our policy.
Hjalmar Schacht
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Only the closest collaborators of the Fuehrer know how difficult is the burden of this responsibility; how sorrowful are the hours during which decisions must be made which bear upon the well being and the fate of all of Germany.
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But the memory of war weighs undiminished upon the people's minds. That is because deeper than material wounds, moral wounds are smarting, inflicted by the so- called peace treaties.
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Wherever my work may take me in the near future even if you should see me one day within the fortress - you can always count on me as your reliable assistant.
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The very necessity of bringing our armament up to a certain level as rapidly as possible must place in the foreground the idea of as large returns as possible in foreign exchange and therewith the greatest possible assurance of raw material supplies, through exporting.
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The Jews must realize that their influence in Germany has disappeared for all time.
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The economy is a very sensitive organism.
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The aim and the idea of the Four Year Plan were and remain entirely correct and necessary!
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Since our economy is closely allied with that of foreign countries, not one of us can be indifferent to what consequences these disturbances can have at home and abroad.
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Rules are to be initiated for the allotment of scarce raw materials etc; and their use and processing for other than war, or otherwise absolutely vital, goods is prohibited.
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Material loss can be made up through renewed labor, but the moral wrong which has been inflicted upon the conquered peoples, in the peace dictates, leaves a burning scar on the people's conscience.
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It stands, essentially, for the application of increased energy to the efforts already undertaken by my ministry since 1934 with the results shown in the above statistics.
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