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HJALMAR SCHACHT/(1877 – 1970) German financier and banker who engineered the rearmament of Germany. Broke with Hitler and joined the resistance when Germany went to war. Acquitted at Nuremberg.
Letter on Reichsbankpresident letterhead , Berlin Dec. 16 1937 to BERNHARD PFOTENHAUER (1880-1945) General Director of Merck and a devoted Nazi. Schacht thanks the man for his thoughts upon Schacht’s resignation from the Reich Ministry of Economics and for his support of Schacht in his new position. Paperclip stain at top, folded, very good