Foreign News: Schacht to a Piggery

"I will now become a country squire and raise pigs. . . . My resignation as President of the Reichsbank is absolute and final." Thus to flabbergasted Berlin reporters last week spoke Germany's famed "Iron Man," her financial champion at every Reparations conference in recent years, Dr. Hjalmar Horace Greeley Schacht.

Instant results: The whole list of stocks on the Berlin Borse went off an average of six points, shares of the Reichsbank itself tumbled 15 points. Strongest industrials could not resist the blow. Salz-detfurth Potash lost...

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