Hjalmar Schacht quotes

It has been shown that, in contrast to everything which classical national economy has hitherto taught, not the producer but the consumer is the ruling factor in economic life. (Hjalmar Schacht)
Wherever my work may take me in the near future even if you should see me one day within the fortress - you can always count on me as your reliable assistant. View quote
Hjalmar Schacht
One thing I fear, that you Americans will do the same thing that you did after the last war. I mean that you will pull out of here and leave Europe, then Russia will have her way. Private enterprise and individual rights will be lost just as much as under a Nazi government. Frightful! View quote
Hjalmar Schacht
Colonies are necessary to Germany. We shall get them through negotiation if possible; but if not, we shall take them. View quote
Hjalmar Schacht
And this thesis is somewhat connected with general social and political observations, because it establishes the fact that the number of consumers is considerably larger than the number of producers, a fact which exercises a not inconsiderable social and political pressure. View quote
Hjalmar Schacht
The presentation of the Golden Badge of the Movement is the highest honor the Third Reich has to offer. View quote
Hjalmar Schacht
Material loss can be made up through renewed labor, but the moral wrong which has been inflicted upon the conquered peoples, in the peace dictates, leaves a burning scar on the people's conscience. View quote
Hjalmar Schacht
There was only the choice between Communism and Hitler, and I will tell you why Hitler won. People will not give up religion, rights, freedom of personality, the opportunity to develop by individual effort - which includes private property. And the other reason for Hitler's winning is that if a whole people is treated as the Germans were, everyone will say, 'Are we worse people than others? Are we of a minor race?' Just as every single individual needs and must have self-respect, just as every family is proud of decent traditions, so every nation wants to maintain her individual manner, culture, language, and customs. It was in these respects that Communism failed. The Communists said that God was nonsense and stupidity and preached internationalism without maintaining the natural national feelings of a nation. View quote
Hjalmar Schacht
The memory of war weighs undiminished upon the people's minds. That is because deeper than material wounds, moral wounds are smarting, inflicted by the so-called peace treaties. ... Material loss can be made up through renewed labor, but the moral wrong which has been inflicted upon the conquered peoples, in the peace dictates, leaves a burning scar on the people's conscience. ... The Versailles Dictate cannot be an eternal document, because not only its economic, but also its spiritual and moral premises are wrong. View quote
Hjalmar Schacht
I was never in the army - I never had a uniform - I was never a soldier. I detest uniforms because they make one unfree. There is an old quotation that goes something like this: 'Your mind will be trained well, but confined to Spanish boots.' That quotation is very apt. It signifies how narrow the military mind becomes. View quote
Hjalmar Schacht
The economy is a very sensitive organism. (Hjalmar Schacht)
Instead of a weak and vacillating Government, a single, purposeful, energetic personality is ruling today. View quote
Hjalmar Schacht
The Jews must realize that their influence in Germany has disappeared for all time. View quote
Hjalmar Schacht
The aim and the idea of the Four Year Plan were and remain entirely correct and necessary! View quote
Hjalmar Schacht
I can assure you that everything I say and do has the complete approval of the Fuehrer and that I would not say or do anything that does not have his approval. View quote
Hjalmar Schacht
The repeated announcements that the Russian resistance was definitely broken have been proved to be untrue. View quote
Hjalmar Schacht
It stands, essentially, for the application of increased energy to the efforts already undertaken by my ministry since 1934 with the results shown in the above statistics. View quote
Hjalmar Schacht
But what you could perhaps do with in these days is a word of most sincere sympathy. Your movement is carried internally by so strong a truth and necessity that victory in one form or another cannot elude you for long. View quote
Hjalmar Schacht
Germany stays and falls with the success of the policy of Hitler. View quote
Hjalmar Schacht
My so-called foreign friends do neither me nor the situation nor themselves any good when they try to bring me into opposition to the allegedly impossible National Socialist economic theories and declare me to some extent the protector of economic reason. I can assure you that everything I say and do has the complete approval of the Fuhrer and that I would not say or do anything that does not have his approval. View quote
Hjalmar Schacht
I have never believed in war. It is a crime against humanity whether you win or lose. I just read an article in this magazine I have in my hands that one day the moon will fall on the earth, but it is my feeling that until then, we should try to make the world a better place to live in. (Hjalmar Schacht)
The Jews must realize that their influence in Germany has disappeared for all time. We wish to keep our people and our culture pure and distinctive, just as the Jews have always demanded this of themselves. View quote
Hjalmar Schacht
But the memory of war weighs undiminished upon the people's minds. That is because deeper than material wounds, moral wounds are smarting, inflicted by the so- called peace treaties. View quote
Hjalmar Schacht
Allied supplies of arms to Russia, and the manpower reserves of Russia have been sufficient to bring continuous counter-attacks against our Eastern Front. View quote
Hjalmar Schacht
Only the closest collaborators of the Fuehrer know how difficult is the burden of this responsibility; how sorrowful are the hours during which decisions must be made which bear upon the well being and the fate of all of Germany. View quote
Hjalmar Schacht