Unified Leadership Needed in Industry Basle, Nov. 7.
Dr. Hjalmar Schacht, Reichsbank President and Acting-Minister of Economics, who is at present in Basle to attend the meeting of the Bank for International Settlements was inter-
Viewed yesterday a representative of a Swiss news agency on his reported intention to resign, Dr. Schacht státed:—"I gladly make use of your inquiry to reply to those rumours which are going round the foreign countries and which speak variously of differences of opinion of a fundamental character prevailing within the ranks of the German Government. All such rumours are absolutely without foundation, I have never pursued a financial or economic policy that differs in any way from that of the Fuehrer. Nor will a policy other than that of the Fuehrer ever be pursued in the future.
"My request to be relieved of the office of the Minister of Economics, which I have now held provisionally for more than three years, is merely the outcome of the organizational task of the Four Year plan whose realization makes a unified leadership in the industry absolutely necessary.
Trans-Ocean.
Text read from the printed page and cleaned; old type leaves the occasional error.