Foreign News: Schacht Shocks

With his stout, placid wife, with his sleek son Jens, famed Dr. Hjalmar Horace Greeley Schacht landed at Manhattan last week, the same tall, abrupt, brawny stickler that Germans sent to contend with Owen D. Young at the Paris Reparations Conference (TIME, Jan. 14, 1929 et seq.). Though no longer president of the Reichsbank (he resigned in a huff last spring after Britain's Chancellor Snowden had forced certain changes in the Young Plan), Dr. Schacht is still the German moneyman par excellence, will lecture on his specialty...

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