“Material loss can be made up through renewed labor, but the moral wrong which has been inflicted upon the conquered peoples, in the peace dictates, leaves a burning scar on the people's conscience.” PeopleHas BeensMadeLossMoralMaterialsConscienceLaborBurningScar Author:Hjalmar Schacht
“Allied supplies of arms to Russia, and the manpower reserves of Russia have been sufficient to bring continuous counter-attacks against our Eastern Front” Has BeensFrontsArmsRussiaSufficientReservesEasternSuppliesManpowerCounter Attack Author:Hjalmar Schacht
“It has been shown that, in contrast to everything which classical national economy has hitherto taught, not the producer but the consumer is the ruling factor in economic life.” Has BeensEconomyEconomicTaughtFactorsProducersConsumersContrastRulingNational Economy Author:Hjalmar Schacht
“The repeated announcements that the Russian resistance was definitely broken have been proved to be untrue.” Has BeensBrokenResistanceUntrueUnfaithfulAnnouncements Author:Hjalmar Schacht
