Hjalmar Schacht Quotes


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.


Citations

Schacht, Hjalmar. The End of Reparations. Translated by Lewis Gannett, Jonathan Cape & Harrison Smith, 1931.

Related Quotes

When the British first colonized South Africa, the area they used was akmost uninhabited or very sparcely so. However, some Black tribes (including the Zulus) were moving from the north and themselves were colonizing or annexing the areas to their kingdom. The British were most interested in Trading so did not have large land asperations. The Dutch white Boer Africanners, in contrast, wanted to farm the lands and use the range for their cattle. They wanted the land. The English policy was that there would be friendly relations with the Black tribes surrounding their Cape Colony and no one should take their land. However the Boers started attacking the Black areas and seizing their farms and villages. At first, the English assumed that the Blacks would easily be able to ward off the invasion as the Afrikanners had no professional troops like the British. However, the neighboring tribes were not very warlike or good fighters. They were being overrun by the Zulus coming from the North and the Boers from the South. The British Government had a real problem in that they would have to have British soldiers fight the white Afrikanners if they wanted to stop the illegal white invasions. This was the root of the Boer War where the British would be fully at war with the Africanners.


This comprehensive report of 457 pages was written, printed and distributed at her expense prior to her Federal appointment.


This is only one of many anti-American and anti-Israeli and anti-Semitic passages in the text. It is typical of much of the Wahhabi literature which also supports jihad and violence. Much of the funding for the Wahabbi comes from the Saudi Arabian Government and members of the Saudi Royal Family. There is total censorship in Saudi Arabia and nothing gets preached or printed if the Saudi government wishes otherwise. However, most of the imams in Saudi Arabia are Wahhabi and are paid by the government. The Royal Family’s only fear of losing power is if the Islamic clerics claim that the government is not supportive of Islam. They spend much money to buy their lack of opposition to the monarchy. The government position however is contrary to these hate-filled textbooks.


Hjalmar Schacht
Hjalmar Schacht
  • Born: January 22, 1877
  • Died: June 3, 1970
  • Nationality: German
  • Profession: Economist

Hjalmar Schacht was a German economist, banker, centre-right politician, and co-founder in 1918 of the German Democratic Party. He served as the Currency Commissioner and President of the Reichsbank under the Weimar Republic. He was a fierce critic of his country's post-World War I reparation obligations.