The Archive · 1939

Changes in German Foreign Debt

(Continued from page 9) retirement from his post as President of the Reichsbank but the secret is well kept.

Herr Hitler received Dr. Schacht yesterday morning and thanked him for. his loyalty to the Third Reich. There has been nothing in Dr. Schaehts appearance or attitude to indicate that he anticipated yesterday's events.

Reuter understands from well-informed circles that the reorgani tion announced yesterday was the subject of deliberation at a meeting of the German Cabinet at which Dr. Schacht himself was present. It is denied on all sides that the change is a result of any difference in regard to the handling of. Germany's finances and economy.

Official circles insist that the real reason is the one announced, namely; the desirability of unifying the financial and economic command of the nation,

Text read from the printed page and cleaned; old type leaves the occasional error.

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