Hans Luther Quotes
The progress that we see going on in transportation is practically abolishing the distances which separate various sections of mankind. As a result of the exploitation of its natural and economic resources, each particular portion of the earth's surface is undergoing ceaseless alteration; the development of transportation is constantly creating new conditions.
Hans Luther, 1879–1962, German Chancellor, President of the Reichsbank, “The Security Problem”, Foreign Affairs, July 1925
Sourced by: Eigen's Political and Historical Quotations
MacNab was also a director of the Great Western Railway.
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He was commenting about Saudi Arabia, but oil wealth generally seems to harden nations to reform and change of all types.
Hans Luther (listen (help·info)) was a German politician and Chancellor of Germany for 482 days in 1925 to 1926. As Minister of Finance he helped stabilize the Mark during the hyperinflation of 1923. From 1930 to 1933, Luther was head of the Reichsbank and from 1933 to 1937 he served as German Ambassador to the United States.