DER KAMERAD: Dr. Hjalmar Schacht, was a secret anti-German Zionist agent of the World Bankers. However, the following article is interesting with clear historical value…
Germany’s Position In World Economy
By Dr. Hjalmar Schacht Reich Minister and President of the Reichsbank
The trade and prosperity of a country as well as its intellectual and cultural life depend on a flourishing world trade to such an extent that we must never tire of stressing the need for international economic co-operation. Although the leading economists in practically all countries have directed attention again and again to the national losses resulting from the world-wide economic depression, and have endeavoured to formulate recommendations for a real improvement, ignorance of the steps that must be taken to effect this purpose is still quite general, and there are no signs of a vigorous policy intended to reanimate trade intercourse between the various nations. Seeing that questions affecting world trade are always sure to attract intelligent interest in a country like Great Britain, I am glad of this opportunity for stating once more my views on these matters, more especially in so far as they affect the attitude of the new Germany towards world trade. I shall try to give a brief account of the conditions which, in my opinion, must be fulfilled before we can look forward to a genuine economic recovery throughout the world.