“By not doing so, he was able eventually to help more toward the final victory than if he had become an enrolled Party member.”

It was Schacht who organized the financial means for the decisive March 1933 election, at a meeting of Hitler with a group of German industrialists in Berlin. Schacht acted as the sponsor or host of this meeting, and a campaign fund of several million marks was collected. Without reading therefrom, I offer in evidence Document Number EC-439, Exhibit Number USA-618, an affidavit of Von Schnitzler under date of 10 November 1945, and refer the Tribunal to the transcript for 23 November, Pages 282-283 (Volume II, Pages 223, 224), where the text of the affidavit already appears in the Record.

Further evidence on this point is also contained in the excerpt from the interrogation of Schacht on 20 July 1945, from which I read a part a moment ago. Schacht lent his support to Hitler not only because he was an opportunist, but also because he shared Hitler’s ideological principles. Apart from the entry in Goebbels’ diary, this may be seen from Schacht’s own letter to Hitler, under date of 29 August 1932, pledging continued support to Hitler after the latter’s poor showing in the July 1932 elections. I offer this letter in evidence as Document Number EC-457, Exhibit Number USA-619, and quote from the middle of the first paragraph and further from the next to the last paragraph:

“But what you could perhaps do with in these days is a kind word. Your movement is carried internally by so strong a truth and necessity that victory in one form or another cannot elude you for long.”

And further down—and keep in mind that neither Hitler nor Schacht was then in the German Government—Schacht says:

“Wherever my work may take me in the near future, even if you should see me one day behind stone walls, you can always count on me as your reliable assistant.”

THE PRESIDENT: What do those words mean at the top: “The President of the Reichsbank in Retirement”? Are they on the letter?

LT. BRYSON: Yes, they are, Sir. Dr. Schacht had previously been a president of the Reichsbank. At this time he was in retirement. You will remember, this is prior to Hitler’s accession to power.

THE PRESIDENT: Yes, of course.

LT. BRYSON: And then Hitler reinstated Dr. Schacht as President of the Reichsbank after the Nazis had taken over.