Fundamentally, I was not in favor of rearmament. I only wanted equality for Germany. That German equality could be brought about either by means of disarmament on the part of the other nations or by our own rearmament. I would have preferred, in fact I desired disarmament on the part of the others, which anyway had been promised to us. Consequently I most zealously tried all along for years to prevent a rearmament, if general disarmament could be brought about.

The disarmament on the part of the others did not take place, although the Disarmament Committee of the League of Nations had repeatedly declared that Germany had met her obligations regarding disarmament.

To all of us who were members of the so-called National Government at the time, and to all Germans who participated in political life, it was a considerable relief that during the first years Hitler, again and again, strove for and suggested general disarmament. Afterwards, of course, it is easy to say that that was a false pretense and a lie on Hitler’s part, but that false pretense and that lie would have blown up quite quickly if the countries abroad had shown the slightest inclination to take up these suggestions.

I remember quite well what was told Foreign Minister Eden of Great Britain when he visited Germany at the beginning of 1934, because I was present at the social festivities. Quite concrete proposals concerning Germany’s obligations in all disarmament questions, in case disarmament on the part of the others was begun and carried out, were made to him. It was promised to Eden that all so-called half-military units, like the SS, the SA, and the Hitler Youth, would be deprived of their military character if only the general disarmament could be accelerated by those means.

I could produce a number of quotations regarding these offers to disarm, but since it is the wish of the President not to delay the proceedings, I can forego that. They are all well-known statements made by statesmen and ministers, ambassadors, and such, all of which have the same tenor, namely, that it was absolutely essential that the promise made by the Allies should be kept; in other words, that disarmament should be carried out.

DR. DIX: Excuse me if I interrupt you, but we can do it more quickly and more simply by asking the Tribunal to take judicial notice of Exhibit Number Schacht-12, which I have been granted, without my reading it, Page 31 of the English translation of my document book. These are pertinent remarks and speeches made by Lord Cecil and others, by the Belgian Foreign Minister, et cetera. There is no need to read them; they can be presented. I just hear that they have been presented, and I can refer to them.

Pardon me, please. Continue.

SCHACHT: Well, in that case I am finished with my statement. Hitler made still further offers but the other countries did not take up a single one of these offers, and thus, unfortunately, only one alternative remained, and that was rearmament. That rearmament carried out by Hitler was financed with my assistance, and I assume responsibility for everything I have done in that connection.

DR. DIX: Do I understand you correctly? Can one draw the conclusion from your statement that there were other reasons for your assistance in the rearmament program, that you had the tactical consideration that, by putting German rearmament up for discussion, the debate on disarmament amongst the other governments might be started again? This debate, so to say, had died down?

SCHACHT: If I may, I will illustrate it briefly by means of an example: