Hjalmar Schacht Quotes & Sayings

“And this thesis is somewhat connected with general social and political observations, because it establishes the fact that the number of consumers is considerably larger than the number of producers, a fact which exercises a not inconsiderable social and political pressure.”

“Germany stays and falls with the success of the policy of Hitler.”

“The presentation of the Golden Badge of the Movement is the highest honor the Third Reich has to offer.”

“The economy is a very sensitive organism.”

“Instead of a weak and vacillating Government, a single, purposeful, energetic personality is ruling today.”

“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.”

“Allied supplies of arms to Russia, and the manpower reserves of Russia have been sufficient to bring continuous counter-attacks against our Eastern Front.”

“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.”

“After the many rumours that we had heard about Hitler and the published criticisms we had read about him, we were pleasantly impressed. His appearance was neither pretentious nor affected.”

“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.”