Foreign News: Iron Man & Velvet Glove

Iron Man & Velvet Glove (See Front Cover.)

A tall impetuous Teuton held the Reparations stage in Paris all last week. Speaking for Germany in gruff, rasping English, he seemed to epitomize the Nietzschean commandment, " Behard!" As a matter of fact anyone who has been spoken to for five minutes by Dr. Hjalmar Schacht, President of the German Reichsbank, and, today, Chairman of the German Delegation to the Second Dawes Committee in Paris (TIME, Feb 11), knows that the man is as drastically metallic as his pistol-shot name—Schacht!

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