Reichisbank President's Attacks on Finance Minister Berlin, Dee. 6. the result of the long: memorandum which Herr Schacht, the President of the Reichsbank, addressed to the Government. today, it is ramoured that the position of the Finance Minister, Dr. Hilferding (against whom Herr Schacht's attack was principally directed). is shaken and even the existence of the Cabinet is endangered, The Bourse, which lately had shown signs of revival from the depression, was again depressed, and weakness "prevailed almost. ever where. International favourites especially were affected, losing up to ten points.
The Government's. reply to Herr Schacht's memorandum declares that the precipitancy of its publica tion endangers the homogeneous conduct of affairs of the State, The Government admits that Herr Schacht had announced his intention of publishing his views in. a manner which could not do harm, but declares that the manner and of the memorandum and 10 of its publication were strangely in conflict with Herr Schacht's declared intention.
'The Government's reply does not discuss the memorandum's contents, but announces that the Government on Monday will present a financial reform programme to the Reichstag and will ask a vote of confidence on it, as well as on the Government's entire policy.—Renter.
Text read from the printed page and cleaned; old type leaves the occasional error.