The first intimation that Dr. Schacht did not always agree with the Government demands on the Reichsbank and that this may have had something to do with Herr Hitler's sudden decision, is contained in an article in the "National Zeitung" today, which says: "By the appointment of Herr Walther Funk, the unreserved support of the Reichsbank for carrying out the economíe tasks of the Government is guaranteed in the future. Nazi economic policy allows capital only the role of servant to trade and industry. This National Socialist principle will, in future, be the guiding line for the Reichsbank.
"The personality of Herr Funk is a guarantee that an unconditional subordination of Germany's note bank to the sovereignty of the State will soon become a fact."
Referring to Herr Funk's past declarations, dwelling especially on the absurdity of political debts, the article says: "He soon will have the opportunity of submitting his views personally to the presidents of other State banks."—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.