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Hjalmar Schacht

Hjalmar Schacht

Horace Greeley Hjalmar Schacht (22 January 1877 – 3 June 1970) was a German economist, banker, liberal politician, and co-founder in 1918 of the German Democratic Party.

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.
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But the memory of war weighs undiminished upon the people's minds. That is because deeper than material wounds, moral wounds are smarting, inflicted by the so- called peace treaties.
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But what you could perhaps do with in these days is a word of most sincere sympathy. Your movement is carried internally by so strong a truth and necessity that victory in one form or another cannot elude you for long.
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