Foreign News: Private Visit

To London last week for a "private visit" went Adolf Hitler's financial magician, clammy-handed, high-colored Dr. Hjalmar Schacht. President of the Reichsbank. Dr. Schacht is the only German bigwig who is persona grata in British financial circles for, despite the way he has kicked around the laws of economics, British bankers like to think that he has done so under political compulsion, that fundamentally he is a sound financier who may eventually lead Germany back to respectable financial methods: His host last week was his old friend, hoary-bearded Montagu Norman, Governor of the...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!