I will give only two examples of that.

There was a branch of the Reichsbank in Amswalde in the Province of

Brandenburg. The name of the manager of that branch office was one day

posted up in one of the public _Stürmer_ boxes in his town, and termed a

traitor to the people because his wife had bought 50 pfennings worth of

ribbon or the like in a Jewish store. I at once approached the competent

official at Amswalde and demanded the immediate removal of the placard

and an immediate correction to the effect that the man was no traitor to

the people. That was refused; whereupon, without asking anyone, I closed

the Reichsbank branch at Amswalde. It took a number of weeks until, in

the end, the Oberpräsident, who was of course also a Nazi boss, came to

me and asked me to reopen the branch office. I told him, “As soon as

they repudiate that affair publicly I shall reopen the branch office at

Amswalde.” It took only a few days before the Oberpräsident and

Gauleiter of Brandenburg, Grube, had the announcement made public in the

Amswalde newspaper, in large print, and so I reopened the branch office

in Amswalde. That is one example.

The second example has been mentioned briefly; I just want to sum it up

once more because its effect was penetrating.

On the occasion of a Christmas celebration for the office messengers of

the Reichsbank I referred to the pogrom of 9 November 1938, and I told

the boys, in the presence of many—parents, Party leaders, and Party

members—that I hoped they had nothing to do with these things, which

should make every decent German blush with shame. But if they did they

should leave the Reichsbank at once, because in an institution such as

the Reichsbank, which was built up on good faith, there was no place for

people who did not respect the property and life of others.

DR. DIX: May I interrupt you, Dr. Schacht, and point out to the Tribunal

that in Document Number Schacht-34, which has been submitted and is an

affidavit of Dr. Schniewind, on Page 118 of the German text and on Page

126 of the English text the same incident which Dr. Schacht has just

related is mentioned. May I quote quite briefly:

“It is known that at the Christmas celebration of the Reichsbank

in December of 1938 he”—that is Schacht—“said the following in

his address to the young office boys:

“‘A few weeks ago things occurred in our fatherland which are a

disgrace to civilization and which must turn every decent

German’s face red with shame. I only hope that none of you

office boys participated in them, because for such an individual

there is no place in the Reichsbank.’”

[_Turning to the defendant._] Excuse me. Please continue. You wanted to

add something?

SCHACHT: When in August of 1934 I took over the Reich Ministry of

Economics, of course I first put the question to Hitler: “How are the

Jews in our national economy to be treated?” Hitler told me then,

literally, “The Jews can be active in domestic economy in the same way

as before.”

That was the directive that Hitler had promised to me, and during all

the time when I was in charge of the Ministry of Economics I acted

accordingly.

However, I have to add that every few weeks there was a quarrel on some

Jewish question with some Gauleiter or other Party official. Also, I

could not protect Jews against physical mistreatment and the like,

because that came under the competence of the Public Prosecutor and not

mine; but in the economic field I helped all Jews who approached me to

obtain their rights, and in every individual case, I prevailed upon

Hitler and succeeded against the Gauleiters and Party officials,

sometimes even threatening to resign.

I believe that it is notable that the pogrom of November 1938 could only

have taken place after I had resigned from my office. Had I still been

in office, then that pogrom doubtlessly would not have occurred.

DR. DIX: The witness Gisevius has already testified that in the course

of developments from 1933 on, fundamental changes took place in your

judgment of Adolf Hitler. I ask you now, because this is a very decisive

question, to give the Tribunal a detailed description of your real

attitude and your judgment of Adolf Hitler in the course of the

years—as exhaustively, but also as briefly, as possible.

SCHACHT: In former statements which I have made here, I have spoken of

Hitler as a semi-educated man. I still maintain that. He did not have

sufficient school education, but he read an enormous amount later, and

acquired a wide knowledge. He juggled with that knowledge in a masterly

manner in all debates, discussions, and speeches.

No doubt he was a man of genius in certain respects. He had sudden ideas

of which nobody else had thought and which were at times useful in

solving great difficulties, sometimes with astounding simplicity,

sometimes, however, with equally astounding brutality.

He was a mass psychologist of really diabolical genius. While I myself

and several others—for instance, General Von Witzleben told me so

once—while we were never captivated in personal conversations, still he

had a very peculiar influence on other people, and particularly he was

able—in spite of his screeching and occasionally breaking voice—to

stir up the utmost overwhelming enthusiasm of large masses in a filled

auditorium.

I believe that originally he was not filled only with evil desires;

originally, no doubt, he believed he was aiming at good, but gradually

he himself fell victim to the same spell which he exercised over the

masses; because whoever ventures to seduce the masses is finally led and

seduced by them, and so this reciprocal relation between leader and

those led, in my opinion, contributed to ensnaring him in the evil ways

of mass instincts, which every political leader should avoid.

One more thing was to be admired in Hitler. He was a man of unbending

energy, of a will power which overcame all obstacles, and in my estimate

only those two characteristics—mass psychology and his energy and will

power—explain that Hitler was able to rally up to 40 percent, and later

almost 50 percent, of the German people behind him.

What else shall I say?

DR. DIX: Well, I was mainly concerned with bringing up the subject of

your own change of opinion. You have said that the break in your

attitude toward Hitler was caused by the Fritsch incident. You are the

best witness who can give us an explanation not of Hitler’s but of your

own development and your changing attitude towards Hitler.

SCHACHT: Excuse me. I think there is a basic error here. It appears from

this as if I had been a convinced adherent of Hitler at some time. I was

never that. On the contrary, out of concern for my people and my

country, after Hitler gained power, I endeavored with all my strength to

direct that power into an orderly channel, and to keep it within bounds.

Therefore, there was no question of a break with Hitler. A break could

only be spoken of had I been closely connected with him before. At heart

I was never closely connected with Hitler, but to all appearances I

worked in the Cabinet and I did so because he was after all in power,

and I considered it my duty to put myself at the disposal of my people

and my country for their good.

DR. DIX: All right, but at what time, by what conditions, by what

realization were you influenced to begin that activity which the witness

Gisevius has described?

SCHACHT: My serious criticism of Hitler’s doings started already at the

time of the so-called Röhm Putsch on 30 June 1934. I should like to

point out first that these things occurred quite unexpectedly and took

me by surprise, because I had not at all anticipated them. At that time

I had told Hitler, “How could you have these people just simply killed

off? Under all circumstances there should have been at least a summary

trial of some sort.” Hitler swallowed these remarks and merely mumbled

something about “revolutionary necessity,” but he did not really

contradict me.

Then in the course of the second half of the year 1934 and the first

half of the year 1935 I noticed that I had been under a misconception

when I believed that Hitler did not approve of what might be considered

revolutionary and disorderly Party excesses, and that he was really

willing to restore a respectable atmosphere. Hitler did nothing to put a

stop to the excesses of individual Party members or Party groups. Very

likely the idea which recently—or I believe today—was mentioned by a

witness was always in his mind: let the SA have its fling for once. That

is to say, for the masses of the Party he sanctioned, as a means of

recreation, so to speak, behavior which is absolutely incompatible with

good order in the State. In the course of the following months my

suspicions were confirmed and increased, and then for the first time, in

May 1935, I took occasion to bring these matters up with him quite

openly. I do not know if you want me to discuss these things now, but I

am ready to tell about them.

DR. DIX: I consider it important that the Tribunal should hear from you

how your original attitude towards Hitler, which you have just

described, changed, and you became a conspirator against him.

SCHACHT: Well, the decisive change in my attitude came about by reason

of the Fritsch incident, at the very moment when I had to

recognize—and, of course, that did not come with lightning speed, but

in the course of weeks and months it crystallized—that Hitler aimed at

war, or at least was not prepared to do everything to avoid a war. At

that moment I told myself that this was a tremendous danger which was

raising its head, and that violence could be crushed only by violence.

Any opportunity of political propaganda within the German people was of

course out of the question. There was no freedom of assembly. There was

no freedom of speech. There was no freedom of writing. There was no

possibility of discussing things even in a small group. From beginning

to end one was spied upon, and every word which was said among more than

two persons was spoken at the peril of one’s life. There was only one

possibility in the face of that terror, which was beyond democratic

reform and which barred every national criticism. That was to meet this

situation with violence.

Then I came to the conclusion that in the face of Hitler’s terror only a

_coup d’état_, a Putsch, and finally an attempt at assassination was

possible.

DR. DIX: And is Gisevius right in saying that the _peripeteia_, the

decisive turning point in your attitude resulted from your impressions

and experiences in the so-called Fritsch crisis?

SCHACHT: Aside from the inherent falsehood which appeared in all actions

and measures of the Party men, the Fritsch crisis provided the absolute

assurance that a basic change was occurring in the conduct of political

affairs, for within about 10 days Blomberg was removed, Fritsch was

removed, Neurath was removed, and Hitler not only appointed so

unsuitable a person as Ribbentrop to be Foreign Minister, but also in

his speech in the Reichstag soon afterwards announced that from now on

rearmament had to be increased even more. Consequently the Fritsch

crisis was the decisive turning point in my attitude, and from then on I

knew that every further peaceful attempt at controlling the torrent

would fail and that only violent means could meet it.

DR. DIX: For an estimate of the Fritsch crisis may I quote now from the

document which I already wanted to produce on the occasion of the

interrogation of Gisevius but could not because the document was not

then available to the Prosecution. The same view about the Fritsch

crisis which Gisevius and now Dr. Schacht have put here was also

expressed abroad by an intelligent officer with political foresight. May

I point to Exhibit Number 15 of my document book (Document Number

Schacht-15)? That is Page 41 of the English text, and 35 of the German

text. It is a biennial report of the Chief of Staff of the United States

Army to the Secretary of War for the period of 1 July 1943 to 30 June

1945. I quote one sentence from it:

“The history of the German High Command from 1938 on is one of

constant conflict of personalities, in which military judgment

was increasingly subordinated to Hitler’s personal dictates. The

first clash occurred in 1938 and resulted in the removal of Von

Blomberg, Von Fritsch, and Beck and of the last effective

conservative influence on German foreign policy.”

So here also that turning point has been clearly understood. And in

summary I would like to ask this question of Dr. Schacht.

[_Turning to the defendant._] Were you only disappointed by Hitler, or

did you consider yourself deceived by Hitler at that time? Will you

answer that?

SCHACHT: The answer is that I have never felt disappointed by Hitler,

because I had not expected more of him than my appraisal of his

personality allowed me. But I certainly consider myself deceived,

swindled, and cheated by him to the highest degree, because whatever he

had previously promised to the German people and thereby to me, he did

not keep afterwards.

He promised equal rights for all citizens, but his adherents, regardless

of their capabilities, enjoyed privileges before all other citizens. He

promised to put the Jews under the same protection which foreigners

enjoyed, yet he deprived them of every legal protection. He had promised

to fight against political lies, but together with his Minister Goebbels

he cultivated nothing but political lies and political fraud. He

promised the German people to maintain the principles of positive

Christianity yet he tolerated and sponsored measures by which

institutions of the Church were abused, reviled, and damaged. Also, in

the foreign political field he always spoke against a war on two

fronts—and then later undertook it himself. He despised and disregarded

all laws of the Weimar Republic, to which he had taken the oath when he

became Chancellor. He mobilized the Gestapo against personal liberty. He

gagged and bound all free exchange of ideas and information. He pardoned

criminals and enlisted them in his service. He did everything to break

his promises. He lied to and deceived the world, Germany, and me.

DR. DIX: Let us return to the period of the seizure of power. In

November 1932, you stated publicly that Hitler would become Reich

Chancellor. What caused you to make that statement?

SCHACHT: That statement was caused by the fact that Hitler in the July

elections of 1932 obtained 40 percent of all seats in the Reichstag for

his Party. That is an election result which, if I am informed correctly,

had never occurred since 1871, when the Reichstag was founded; and to

me, as a democrat and a follower of democratic parliamentary government,

it was quite inevitable that that man was now to be entrusted with

forming a cabinet. I do not know of any alternative at the time. There

was only one other possibility, one alternative, and that was a military

rule. But the Cabinet of Von Papen already had had some special

presidential authority and still could not maintain itself in the face

of the Reichstag; and when Herr Schleicher attempted to establish a

military regime without the participation of the Nazis, he failed after

just a few weeks, because he found himself confronted with the

alternative either of starting a civil war or of resigning.

Hindenburg and at first Schleicher as well—although at the last moment

he acted differently—were always of the opinion that the Armed Forces

could not face a civil war, and Hindenburg was certainly not ready to

tolerate a civil war. But very unwillingly he saw himself forced by

necessity to put the reins of government into the hands of the man who,

thanks to his own propaganda and the incapability of all preceding

governments, thanks also to the inconsiderate policy of the foreign

countries toward Germany, had won the majority of German votes.

DR. DIX: You know that the Prosecution accuses you of having assisted

Hitler and the Nazi regime to power. I therefore want to ask you now

whether between the July elections 1932, and the day when Hitler became

Chancellor—that is the 30th of January, 1933—you spoke publicly for

Hitler.

SCHACHT: I want to state first that Hitler’s power was an accomplished

fact in July 1932, when he secured 230 Reichstag seats. Everything else

that followed must be viewed as a consequence of that Reichstag

election. During that entire period—with the exception of the one

interview you mentioned, in which I said that according to democratic

principles Hitler must become Reich Chancellor—I can say that I did not

write or publicly speak a single word for Hitler.

DR. DIX: Did you, during the time when the reorganization of the Reich

Cabinet was discussed, speak to Hindenburg on behalf of Hitler’s

Chancellorship?

SCHACHT: I have never in consultations with any of the competent

gentlemen, be it Hindenburg, Meissner, or anyone else, contributed

towards exerting any influence in favor of Hitler, nor did I participate

in any way in the nomination of Hitler to be Reich Chancellor.

DR. DIX: The prosecutor accuses you in that connection of putting the

prestige of your name at the disposal of Hitler in November 1932, and he

refers to a statement made by Goebbels in the latter’s book, _From the

Kaiserhof to the Reich Chancellery_. What can you say about that?

SCHACHT: I would never have expected that this apostle of truth,

Goebbels, would once more be mobilized against me here, but it is not my

fault if Herr Goebbels made a mistake.

DR. DIX: The prosecutor also states that you provided the funds for

Hitler in the Reichstag elections of 5 March; that is said to have

happened in an industrial meeting on which there is an affidavit by the

industrialist Von Schnitzler, Document Number EC-439, Exhibit USA-618.

What do you have to say about that? It is our Number 3 of our document

book, Page 11 of the English copy.

SCHACHT: In February of 1933, at the time when Hitler was already Reich

Chancellor and the elections of 5 March were to furnish a basis for the

shape of the new government, Hitler asked me whether, at the occasion of

a meeting which Göring was to call and which would have the purpose of

raising funds for the elections, I would be good enough to take the role

of his banker. I had no reason for refusing to do that. The meeting took

place on 26 February.

And now the prosecutor has made it appear that during that meeting I had

solicited election funds. The Prosecution themselves, however, have

presented a document, D-203, which apparently is meant to be a record of

the election speech made by Hitler on that evening...

DR. DIX: May I interrupt you and point out to the Tribunal that it is

our Exhibit Number Schacht-2, on Page 9 of the English text. Excuse me.

Please, will you kindly go on.

SCHACHT: D-203. That document closes with the following sentence:

“Göring then passed very cleverly to the necessity that other

circles not taking part in this political battle should at least

make the financial sacrifices required.”

Therefore from that report which was submitted by the Prosecution, it

can be seen very clearly that not I but Göring pleaded for funds. I only

administered these funds later, and, in the affidavit by Schnitzler,

Document EC-439, Page 11, the Prosecution have carefully left out these

decisive passages which do not accuse, but exonerate me. I quote the two

sentences, therefore, as follows—I am sorry, I have to quote in English

because I have only the English text in front of me:

“At the meeting Dr. Schacht proposed raising an election fund of

as far as I remember three million Reichsmarks. The fund was to

be distributed between the two ‘allies’ according to their

relative strength at the time. Dr. Stein suggested that the

Deutsche Volkspartei should be included, which suggestion, if I

remember rightly, was accepted. The amounts which the individual

firms were to contribute were not discussed.”

It can be seen from this that the election fund was not collected only

for the Nazi Party, but for the Nazi Party and the national group which

was its ally and to which, for instance, also Herr Von Papen and

Hugenberg belonged, and which during that very meeting was extended to

comprise a third group, the German People’s Party. It was, therefore, a

collective fund for those parties who went into the election campaign

together, and not just a Nazi fund.

DR. DIX: The Prosecution have mentioned those laws which were decreed

after the seizure of power, and which introduced and then established

the totalitarian rule of the Nazis and of Hitler. We have to consider

the question of your personal responsibility as a later member of the

cabinet and I must discuss these laws with you in detail; for the

present I just want to remind you of them generally: First, the Enabling

Act; then the law about the prohibition of parties and the establishment

of one Party; the law about the unity of Party and State; the law

decreeing the expropriation of the SPD and the trade unions; the law

about civil service associations; the law about the legal limitation of

professions for Jews; the law instituting the Peoples’ Court; the law

legalizing the murders of 30 June 1934; and the law about the merger of

the offices of the Reich Chancellor and the Reich President in the

person of Hitler. How do you, as a member of the Cabinet, define your

personal responsibility with respect to these laws?

SCHACHT: When all these laws were issued I was not a Cabinet member. I

had no vote in the Cabinet. I had a vote in the Cabinet only after 1

August 1934, at which time the last disastrous law, the merger of the

offices of Reich Chancellor and Reich President was decreed. I did not

participate in the discussions preceding this law, nor did I vote on it.

I had absolutely no part in any of these laws.

DR. DIX: I do not know whether I mentioned it, but I want to protect you

against a misunderstanding. This does not apply to the merger of the

offices of the Reich President in the person of Hitler, after

Hindenburg’s death?

SCHACHT: Of course, I did not take part in that either.

DR. DIX: And why not?

SCHACHT: Because I was not then in the Cabinet. I received my official

nomination as Minister on 3 or 4 August. I did not take part in the

deliberations on that law. I did not vote for it, and did not sign it.

DR. DIX: But in the Indictment it is stated that you were a member of

the Reichstag. Then as a member of the Reichstag you would have voted

for these laws, inasmuch as, actually, after 1933 only unanimous votes

were cast in the Reichstag?

SCHACHT: Yes. Unfortunately, there is much in the trial brief which is

not correct. During my entire life I was never a member of the

Reichstag. One look into the _Reichstag Handbook_ could have enlightened

the Prosecution that also during that time I was not a member of the

Reichstag.

I had nothing to do with all these laws either as member of the Cabinet

or of the Reichstag, because I had been neither during that time.

DR. DIX: Did Adolf Hitler actually take an oath to the Weimar

Constitution?

SCHACHT: Of course Hitler took an oath to the Weimar Constitution when

he became Reich Chancellor, to Reich President Von Hindenburg. In taking

that oath he swore not only to respect the constitution but also to

observe and fulfill all laws unless they were lawfully changed.

DR. DIX: Was the Weimar Constitution ever formally repealed?

SCHACHT: No, the Weimar Constitution has never been repealed.

DR. DIX: In your view was the Leadership Principle established anywhere

legally or constitutionally?

SCHACHT: The Leadership Principle was not established by a single law,

and the subsequent attempt to reduce the responsibility of the

individual ministers—and that affects me, too—by saying that it had

become prescriptive law, is not correct. The responsibility of the

ministers continued to exist, my own also, and was kept down only by the

terror and the violent threats of Hitler.

DR. DIX: The questions whether the Enabling Act referred to the Führer

or to the Cabinet; whether the first Cabinet after 1933 was a National

Socialist one or a combination of the parties of the right; and the

question of the development of Hitler into an autocratic dictator, all

these I have already put to the witness Lammers. I do not wish to repeat

them, but do you have to add anything new to what Lammers has testified?

SCHACHT: I made only two notes. In Hitler’s Reichstag speech on 23 March

1933 he said, “It is the sincere desire of the National

Government...”—not the National Socialist, as it is always referred to

later, but the National Government.

And the second point: In the proclamation to the Wehrmacht which Defense

Minister Von Blomberg issued on 1 February 1933 this sentence occurs:

“I assume this office with the firm determination to maintain

the Reichswehr, in accordance with the testament of my

predecessors, as a power factor of the State, above Party

politics.”

This and other factors already mentioned convinced me that the Cabinet

would be a national coalition cabinet, whereas Hitler, by his rule of

terror and violence, formed a pure Nazi dictatorship out of it.

DR. DIX: The quotation mentioned by Schacht is in our document book,

Document Number Schacht-4, Page 14 of the English text. Now, when you

became Minister of Economics...

THE PRESIDENT: It is 5 o’clock; the Tribunal will adjourn.

DR. DIX: Mr. President, may I ask a question? Do we continue tomorrow,

because tomorrow is the first of May, and there is some uncertainty

whether there will be a session tomorrow or not?

THE PRESIDENT: Yes, the Tribunal will go on tomorrow.

[_The Tribunal adjourned until 1 May 1946 at 1000 hours._]

ONE HUNDRED AND EIGHTEENTH DAY

Wednesday, 1 May 1946

_Morning Session_

THE PRESIDENT: Before we go on with the case of the Defendant Schacht,

the Tribunal wishes to announce its decision on the applications by Dr.

Sauter on behalf of the Defendant Von Schirach: The first application to

which any objection was taken related to the group of documents Numbers

30, 31, 45, 68, 73, 101, 124, and 133. That application with respect to

that group of documents is denied.

The next matter was an application in respect of Number 118(a). That

application is granted and the document is to be translated.

The next was Number 121 and in that case the application is denied. As

regard to witnesses, Dr. Sauter withdrew his application for the witness

Marsalek.

In connection with the other applications, the Tribunal grants the

application that Uiberreither should be called as a witness.

That is all.

DR. DIX: Yesterday, much to my regret, I neglected after an answer given

by Dr. Schacht to my question as to whether he was disappointed by

Hitler or whether he considered himself deceived by him, to read a

passage from a document which deals with the same point. I am referring

to a document which has been submitted to the High Tribunal and which

has been quoted several times—Exhibit Schacht-34, Page 114 of the

English text of the document book. This passage may be found on Page 124

of the English document book and reads as follows:

“Dr. Schacht, even in the years 1935-36, as may have been seen

from numerous statements, had fallen into the role of a man, who

in good faith had put his strength and ability at Hitler’s

disposal but who now felt himself betrayed.

“Of the many statements made by Schacht, I quote only one which

Schacht made at the occasion of a supper with my wife and myself

in the summer of 1938. When Dr. Schacht made his appearance, it

was evident that he was in a state of inner excitement and

during the supper, he suddenly gave vent to his feelings, when,

in deep agitation he almost shouted at my wife, ‘My dear lady,

we have fallen into the hands of criminals—how could I ever

have suspected that?’”

This is the affidavit made out by Schniewind.

Yesterday I mentioned three documents: namely, a speech made by Schacht

on “Geography and Statistics” at Frankfurt-am-Main on 9 December 1936,

then an article Schacht had written on the colonial problem and a speech

given at Königsberg by Schacht.

I wish to submit these documents: The speech on “Geography and

Statistics” at Frankfurt is the Document Schacht-19, Page 48, English

Page 54. The theme on the colonial question is Exhibit Schacht-21,

German version Page 53 and English version Page 59. The speech at

Königsberg is Exhibit Schacht-25 of my document book, German version on

Page 44 and English version Page 73.

Dr. Schacht, we stopped in the middle of 1934, shortly before you

entered the Ministry of Economics, and when you became Minister of

Economics, you were familiar with the happenings of 30 June 1934 and

their legalization by the Cabinet. Did you not have any misgivings to

enter the Cabinet or what reasons prompted you to put aside these

misgivings?

SCHACHT: As far as my personal composure and comfort would have been

concerned, it would have been very simple not to assume office and to

resign. Of course, I asked myself what help that would be for the future

development of German politics if I did refuse office. We were already

at a stage in which any public and open opposition and criticism against

the Hitler regime had been made impossible. Meetings could not be held,

societies could not be established, every press statement was subject to

censorship, and all political opposition, without which no government

can thrive, had been prevented by Hitler through his policy of terror.

There was only one possible way to exercise criticism and even form an

opposition which could prevent bad and faulty measures being taken by

the Government. And this opposition could solely be formed in the

Government itself. Thus convinced, I entered the Government and I hoped

in the course of the years to find a certain amount of support and

backing among the German people. There was still a large mass of

spiritual leaders, professors, scientists, and teachers, whom I did not

expect simply to acquiesce to a regime of coercion. There were also many

industrialists, leaders of economy, who I did not assume would bow to a

policy of coercion incompatible with free economy. I expected a certain

support from all these circles, support which would make it possible for

me to have a moderating, controlling influence in the Government.

Therefore, I entered Hitler’s Cabinet, not with enthusiastic assent, but

because it was necessary to keep on working for the German people and

exercise a moderating influence within the Government.

DR. DIX: In the course of time was no opposition ever developed within

the Party?

SCHACHT: In answering that question, I would like to say that within the

Party, of course, the decent elements were by far in majority; the

greater part of the population had joined the Party because of a healthy

instinct and with good intentions driven by the need in which the German

nation found itself.

I would like to say about the SS, for instance, that in the beginning

numbers of decent people joined the SS because Himmler gave the SS the

appearance of fighting for a life of ideals. I would like to call your

attention to a book written by an SS man which appeared at that time

under the significant title, _Schafft anständige Kerle_ (_Let’s Make

Decent Men_).

But, in the course of time, Hitler knew how to gather around him all bad

elements, within the Party and its organization, and to chain tightly

all those elements to himself, because he understood how to exploit

shrewdly any mistake, slip-up, or misdemeanor on their part. Yesterday I

talked about drunkenness as a constituent part of Nazi ideology; I did

not do that with the purpose of degrading anyone personally. I did it

for another quite definite reason.

In the course of further developments, I observed that even many Party

members who had fallen into this net of Hitler and who occupied more or

less leading positions, gradually became afraid because of the

consequences of the injustices and the evil deeds to which they were

instigated by the regime. I had the definite feeling that these people

resorted to alcohol and various narcotics in order to flee from their

own conscience, and that it was only this flight from their own

conscience that permitted them to act the way they did. Otherwise, there

would be no explanation for the large number of suicides that took place

at the end of the Nazi regime.

DR. DIX: You know that you are accused of being a participant in a

conspiracy which had as its object an illegal violation of the peace.

Did you at any time have secret discussions, or secret orders, or secret

directives, which worked toward this objective?

SCHACHT: I may say that I myself never received any order or fulfilled

any wish which might have been contrary to the conception of right.

Never did Hitler request anything from me which he knew I would surely

not carry out because it did not agree with my moral point of view. But

neither did I ever notice or observe that one of my fellow ministers or

one of the other leading men who did not belong to Hitler’s inner

circle—of course, I could not control that circle—or anyone else whom

I met in official contacts, showed in any way that there was an intent

to commit a war crime; on the contrary, we were always very glad when

Hitler came off with one of his big speeches in which he assured, not

only the entire world, but above all the German people that he was

thinking of nothing except peace and peaceful work. The fact that Hitler

deceived the world and the German people, and many of his co-workers, is

one of the things that I mentioned yesterday.

DR. DIX: Did you at any time—of course, I mean outside of your normal

oath of office—take any oath or bind yourself in any other way to the

Party or another National Socialist organization?

SCHACHT: Not a single oath and not a single obligation beyond my oath of

office to the head of the State.

DR. DIX: Did you have close private relations with leading National

Socialists, for example, with Hitler or Göring?

SCHACHT: I assume you mean a close friendly or social contact?

DR. DIX: Yes.

SCHACHT: I never had relations of that sort with Hitler. He repeatedly

urged me in the first years to come to the luncheons at the Reich

Chancellery where he was lunching with closer friends. I tried to do

that twice. I attended twice at various intervals, and I must say that

not only the level of the discussion at the luncheon and the abject

humility shown to Hitler repulsed me but I also did not like the whole

crowd, and I never went back again.

I never called on Hitler personally in a private matter. Of course,

naturally, I attended the large public functions which all the

ministers, the Diplomatic Corps and high officials, _et cetera_,

attended, but I never had any intimate, social, or other close contact

with him. That applies to the other gentlemen as well.

As a matter of course, in the first months of our acquaintance we

visited each other on occasion, but all so-called social gatherings

which still took place in the first period had a more or less official

character. Close private relations simply did not exist.

DR. DIX: And does this answer apply to all the other leading National

Socialists as well?

SCHACHT: All of them.

DR. DIX: When, for instance, did you speak for the last time with the

following persons? Let us start first with Bormann.

SCHACHT: I gather from the use of the word “first” that you are going to

mention others also.

DR. DIX: Yes, Himmler, Hess, Ley, and Ribbentrop.

SCHACHT: In that case I would like to make a few preliminary remarks: At

the close of the French campaign, when Hitler returned triumphant and

victorious from Paris, all of us—the ministers and the Reichsleiter and

the other dignitaries of the Party as I assume, and state secretaries,

and so forth—received an invitation from the Reich Chancellery to be

present at the Anhalter Railway Station to greet Hitler on his arrival.

Since I was in Berlin at the time, it was impossible for me to refuse

this invitation. It was 1940, the conflict between Hitler and myself had

been going on for some time, and it would have been a veritable affront

if I had stayed at home. Consequently, I went to the station and saw a

very large number of Party dignitaries, ministers and so forth, but, of

course, I do not remember any more just who all these people were.

DR. DIX: I beg your pardon for interrupting you. I have a rather poor

memory for films and especially for newsreels, but I believe that that

reception was shown in a newsreel and I believe that you were just about

the only civilian who was present among those people.

SCHACHT: I personally did not see that film, but my friends told me

about it. They mentioned especially that among all the gold braid, I was

the only civilian in street clothes there. Of course, it could be

ascertained from the film who was present at the time.

I mentioned this reception, for it might be possible that I said “Good

morning” to many people and inquired about their health and so forth,

and I also recall that I arrived at the station with the Codefendant

Rosenberg in the same car, because there were always two people to a

car. I did not attend the reception which followed at the Reich

Chancellery. Rosenberg did go but I said, “No, I would rather not go. I

am going home.”

DR. DIX: Then, I may assume that you probably saw the leading men, Hess,

Ley, Ribbentrop, Rosenberg, Frick, Frank, Schirach, Speer, Sauckel,

Seyss-Inquart, Kaltenbrunner, _et cetera_, then for the last time?

SCHACHT: It is possible that all these gentlemen were there, but I did

not speak at length with any of them except Hitler himself.

DR. DIX: Did you speak with Hitler at that time?

SCHACHT: Hitler addressed me, and that was one of the strangest scenes

of my life. We were all standing in line and Hitler passed everyone by

rather quickly. When he saw me, he came up to me with a triumphant smile

and extended his hand in a cordial manner, something which I had not

seen from him for a long time, and he said to me, “Now, Herr Schacht,

what do you have to say now?” Then, of course, he expected me to

congratulate him or express my admiration or a similar sentiment, and to

admit that my prognostication about the war and about the disaster of

the war was wrong, for he knew my attitude about the war quite exactly.

It was extremely hard for me to avoid such an answer and I searched my

mind for something else to say, finally replying: “I can only say to

you, ‘God protect you.’” That was the only significant conversation

which I had that day. I believed the best way to have kept my distance

was through just such a completely neutral and inconsequential remark.

DR. DIX: Well...

SCHACHT: But perhaps you would like me to refer to the individual

gentlemen, and I can tell you with this exception just when I spoke to

these gentlemen for the last time.

DR. DIX: Himmler?

SCHACHT: Himmler, I would judge that perhaps I talked to him last in

1936.

DR. DIX: Hess?

SCHACHT: Hess—of course I am not referring to the conversations here in

the prison. I had not spoken with Hess for years before the beginning of

the war.

DR. DIX: Ley?

SCHACHT: Ley, I had not seen him since the beginning of the war.

DR. DIX: Ribbentrop?

SCHACHT: I saw Ribbentrop last after my being thrown out of the

Reichsbank, because I had to talk with him about the imminent journey to

India, and that must have been, I would judge, February 1939. I have not

talked with him since.

DR. DIX: Rosenberg?

SCHACHT: Rosenberg, always aside from this reception of Hitler’s,

perhaps not since 1936.

DR. DIX: Frick?

SCHACHT: I perhaps saw Frick last in the year 1938.

DR. DIX: Schirach?

SCHACHT: I did not even know Schirach.

DR. DIX: Speer?

SCHACHT: I talked with Speer for the last time—and I can tell you this

exactly—when I went to the World Exposition in Paris in the year 1937.

DR. DIX: Of course, you are always referring to the time before you were

taken prisoner?

SCHACHT: Yes, of course, naturally here I have...

DR. DIX: Sauckel?

SCHACHT: Not since the beginning of the war.

DR. DIX: Seyss-Inquart?

SCHACHT: Seyss-Inquart, I would judge that I spoke to him for the last

time in 1936, when I visited a colleague in the National Bank in

Austria.

DR. DIX: Kaltenbrunner?

SCHACHT: I saw Kaltenbrunner for the first time here at the prison.

DR. DIX: We will refer to Hitler later. Frank is still missing.

SCHACHT: I saw Frank last perhaps 1937 or 1938.

DR. DIX: Most likely at the occasion of the speech you mentioned

yesterday?

SCHACHT: Yes, possibly also afterwards at an official reception, but I

do not believe that I saw him after 1938.

DR. DIX: Now, how about the leading men of the Wehrmacht, Keitel, for

instance?

SCHACHT: I never had any contact with Keitel. I perhaps saw him at some

social gathering, but never after 1938.

DR. DIX: Jodl?

SCHACHT: I made Herr Jodl’s acquaintance here in the prison.

DR. DIX: Dönitz?

SCHACHT: I met Dönitz for the first time here in the prison.

DR. DIX: Raeder?

SCHACHT: Herr Raeder, I believe I have known him for quite some time. In

the beginning we exchanged occasional visits within the family, visits

of a semiofficial character but always on a friendly basis; however, I

believe that I have also not seen him or talked to him since 1938.

DR. DIX: Brauchitsch?

SCHACHT: I have not talked with Brauchitsch since 1939, or since 1938,

since the Fritsch affair.

DR. DIX: How about Halder?

SCHACHT: As you know, I saw Halder in connection with the Putsch in the

fall of 1938 but not after that.

DR. DIX: How often did you see Hitler after your dismissal as President

of the Reichsbank?

SCHACHT: After my dismissal as President of the Reichsbank?

DR. DIX: Since January 1939.

SCHACHT: I saw him once more in January 1939 because I had to discuss my

future activity, _et cetera_, with him. And on that occasion he asked

me—he knew that I had long wished to take an extensive journey—that I

might avail myself of this opportunity to take this journey now, so

there would not be so much talk about my leaving the Reichsbank. Then we

agreed on the trip to India. On that occasion I also saw Göring for the

last time. And then—after my return in August, I did not see him

again—then the war came, during the course of which I saw him twice.

Shall I tell you about those two occasions?

DR. DIX: Yes.

SCHACHT: I saw him once in February 1940. At that time various American

magazines and periodicals had requested me to write articles on

Germany’s interpretation of the situation, her desires, and her position

in general. I had the inclination to do this, but because we were at

war, I naturally could not do so without first informing the Foreign

Minister. The Foreign Minister advised me that he had nothing against my

writing an article for an American periodical, but that before sending

off this article, he wanted to have the article submitted for

censorship. Of course that did not appeal to me—I had not even thought

of that—and, consequently, I did not write this article.

However, there were further inquiries from America and I said to myself,

“It is not sufficient for me to talk with the Foreign Minister, I must

go to Hitler in this matter.” So, with that aim, I called on Hitler, who

received me very soon after my request, and I told him at that time,

among other things, just what my experience with Herr Von Ribbentrop had

been, and I further told him that I thought it might be quite expedient

to write these articles; and that it seemed vital to me to have

constantly someone in America, who by means of the press, _et cetera_,

could enlighten public opinion as to Germany and her interests.

Hitler was favorably impressed with this suggestion of mine and said to

me, “I shall discuss this matter with the Foreign Minister.”

Consequently, this entire matter came to naught.

Then, later, through the good offices of my Codefendant, Funk, who

probably had a discussion at that time with Ribbentrop about this

matter, I tried to get at least an answer from Ribbentrop. This answer,

given to Funk, was to the effect that it was still too early for a step

of that sort. And that was my visit in 1940. Then I saw Hitler again in

February of 1941...

DR. DIX: Pardon my interruption. So that we can avoid all

misunderstandings, if Hitler had given you permission that you could

have gone to America, just what would your activities have been? Tell us

very briefly. I want no misunderstanding.

SCHACHT: First of all, I had not proposed going myself; I rather made a

general suggestion. But, naturally, I would have been very glad to go to

America for I saw a possibility...

THE PRESIDENT: The Tribunal does not think it is material to know what

he would have done if something had happened which did not happen.

DR. DIX: I just wanted to preclude any misunderstanding. I said that

misunderstandings—Well let us drop the subject.

[_Turning to the defendant._] Then, let us go on to your second visit.

SCHACHT: In 1941, in February, I called on Hitler once more because of a

private affair. The year before my wife had died and now I intended to

remarry. As Minister without Portfolio, which I still was, I naturally

had to inform the Reich Chancellor and head of the State of my intention

and I called on him for that reason. There was no political discussion

on this occasion. As I was going to the door, he asked me, “At one time

you had the intention, or you advised me, that someone should go to

America. It is probably too late for that, now.” I replied immediately,

“Of course, it is too late for that now.” And that was the only remark

of a political nature made. The conversation dealt mainly with my

marriage, and since then I did not see Hitler any more.

DR. DIX: And now your relations with Göring?

SCHACHT: I did not see Göring either since 1939.

DR. DIX: Now, I am turning to a point which has been repeatedly stressed

by the Prosecution, that is, the propaganda value of your participation

at Party rallies, and I would like to remind you of what Mr. Justice

Jackson has already mentioned in his opening statement. I am translating

from the English because I have no German text:

“Does anyone believe that Hjalmar Schacht, seated in the first

row at the Nazi Party Rally of 1935 and wearing the Party

emblem, was only included in the film for the purpose of making

an artistic effect? This great thinker, in lending his name to

this threadbare undertaking, gave it respectability in the eyes

of every hesitating German.”

Will you please state your opinion on this?

SCHACHT: First of all, I would like to make a few minor corrections. In

1935 I did not have a Party emblem. Secondly, Germans who were

hesitating were no longer of any importance in 1935, for Hitler’s

domination had been firmly established by 1935. There were only those

people who were turning away from Hitler but none who were still coming

to him. And then, I must really consider it as a compliment that I am

called a figure of importance, a great thinker, and so forth; but I

believe that the reasons for my being and working in the Hitler Cabinet

have been set forth by me in sufficient detail, so that I need not go

into that any more.

The fact that in the first years especially I could not very well absent

myself from the Party rallies is understandable, I believe, for they

were Hitler’s principal display of show and ostentation for the outside

world, and not only did his ministers participate in the Party rallies

but also a great many other representative guests.

May I add just a few more words?

I stayed away from the later Party rallies. For example, the Party Rally

of 1935 mentioned by the Chief Prosecutor. That was the Party rally—and

this is why I happen to remember it—at which the Nuremberg Laws against

the Jews were proclaimed, and at the time I was not even in Nuremberg.

I attended the Party Rally in 1933 and in 1934. I am not certain whether

I attended it in 1936 or 1937. I rather believe that I attended in 1936.

I was decidedly missing at the later rallies and the last visit that I

made at the Party Rally, which I have just mentioned, I attended only on

“Wehrmacht Day.”

DR. DIX: At these Party Rallies were the prominent foreigners—you

already mentioned that. Was the Diplomatic Corps represented by the

chiefs of the diplomatic missions?

SCHACHT: I believe that with the exception of the Soviet Ambassador, in

the course of years all other leading diplomats attended the Party

Rally, and I must say, in large numbers, with great ostentation and

seated in the first rows.

DR. DIX: How did you explain that? The Diplomatic Corps only really

takes part in functions of State and this was a purely Party matter? How

was this participation explained?

MR. JUSTICE JACKSON: I think this is objectionable. If it please the

Tribunal, I am in a position to object, because I am not embarrassed by

it, if there is any embarrassment, but for this witness to explain the

conduct of the ambassadors of other countries seems utterly beyond

probative value. His opinion of what the ambassadors were doing, why

they attended a Party rally which he was lending his name to, doesn’t

seem to me has any probative value. The fact that they attended I don’t

object to, but it seems to me that for him to probe, unless he has some

fact—and I want to make clear I don’t object to any facts that this

witness knows, and I haven’t objected to most of his opinions which we

have been getting at great length. But I think for him to characterize

the action of foreign representatives is going beyond the pale of

relevant and material evidence.

SCHACHT: May I make just one remark in reply?

THE PRESIDENT: I think we had better pass on, Dr. Dix.

DR. DIX: Yes, of course. However, I would ask to be given the permission

to answer Mr. Justice Jackson briefly, not because I want to be

stubborn, but I believe that if I answer now I can avoid later

discussions and can save time thereby. I did not ask the defendant for

his opinion. Of course Mr. Justice Jackson is right in saying that he is

not here to give opinions about the customs of the Diplomatic Corps; but

I asked him about a fact: How this participation on the part of the

Diplomatic Corps, which is significant, was explained at that time. I

consider this relevant, as will be seen more than once in the course of

my questioning, and that is why I am saying it now, that throughout his

and his political friends’ oppositional activities, it is of prime

importance to know who gave them moral, spiritual, or any other support,

and who did not support them. And thereby, of course, the outward

demeanor of the official representatives of foreign countries during the

whole period is of tremendous importance, with regard to the capacity of

this opposition group to act. One can support such a group; one can be

neutral to it, or one can also combat it from abroad. That is the only

reason why I put my question, and I deem myself obligated to consider

this angle of the problem also in the future.

THE PRESIDENT: Dr. Dix, I don’t think Mr. Justice Jackson’s objection

was to the fact that the diplomatic representatives were there but to

comment upon the reasons why they were there. If all you want to prove

is the fact that they were there, then I don’t think Mr. Justice Jackson

was objecting to that. What the defendant was going on to give, was his

opinion of why the diplomatic representatives were there.

DR. DIX: I believe I do not need to make a further reply. He has already

said that he does not wish to give an explanation, but if Your Lordship

will permit me, I shall continue.

[_Turning to the defendant._] Around that time, you certainly came into

contact with prominent foreigners both officially and privately. What

position did they take towards the trend of events at the time the

National Socialists consolidated their power? And how did their attitude

influence your own attitude and activity?

MR. JUSTICE JACKSON: May it please the Tribunal! I dislike to interrupt

with objections, but I can’t see how it exonerates or aids this

defendant, that prominent foreigners may have been deceived by a regime

for which he was furnishing the window dressings with his own name and

prestige. Undoubtedly there were foreigners, I am willing to stipulate

there were foreigners, like Dahlerus, who were deceived by this set-up

of which he was a prominent and slightly respectable part. But it does

seem to me that if we are going to go into the attitude of foreigners

who are not indicted here or accused that we approach endless questions.

Trial of the Major War Criminals Before the International Military Tribunal, Nuremburg, 14 November 1945-1 October 1946, Volume 12 · 第 42 / 47 题