MR. JUSTICE JACKSON: That is even more objectionable to me than to have a written statement from Speer. If we are to have Speer’s testimony, it at least should be Speer’s and not a repetition of a conversation between the two defendants. If Speer has made a written statement, it can be submitted to us in the ordinary course.

This is the second document that we have not had the privilege of seeing before it has been used here; and it seems to me that if this is a document signed by Speer—which I don’t understand it to be—if it is, that is one thing. We can then see it and perhaps it can be used. If it is a conversation, I should prefer Speer’s version.

DR. DIX: May I add something? The question of procedure is not of basic importance for me here. In that case it can be discussed when Speer is examined. However, I do not know whether Speer is going to be called; probably he will be. Actually it would be better for us to hear it now, but I leave it to the Tribunal to decide. It is not a question of great importance to me.

THE PRESIDENT: The Tribunal will allow the evidence.

DR. DIX: [Turning to the defendant.] Well then, without reading, please describe the incident.

SCHACHT: The gentlemen on the terrace, among them Speer, heard this discussion, which was conducted in very loud tones. At the end of the discussion Hitler came out on the terrace and...

THE PRESIDENT: Just a moment. [There was a brief pause in the proceedings.] Very well, Dr. Dix, go on.

SCHACHT: Hitler came out on the terrace after this conference and said to those present, among them Speer, that he had had a very serious argument with Schacht, that he could not work with Schacht, and that Schacht was upsetting his financial plans.

DR. DIX: Well then, after you had left your position as Minister of Economics you were still left authority as Reichsbank President. Were you approached by Hitler or the Minister of Finance in your capacity as President of the Reichsbank and asked for credit?

SCHACHT: After the Reichsbank had discontinued giving credits, on 31 March 1938, the Reich Minister of Finance of course received more urgent demands for money and toward the end of that year he found himself in the awkward situation of not being able to pay even the salaries of the civil servants from the treasury. He came to me and asked me to grant him a special credit. According to its charter and laws the Reichsbank was entitled and to a certain extent obliged, but actually only entitled, to advance to the Reich up to 400 million marks per annum. The Reich Minister of Finance had received these 400 million marks and he was asking, over and above that, for further credits; the Reichsbank refused to give him these credits. The Reich Minister of Finance had to go to the private banks and all the large banks together gave him a credit of a few hundred million marks. However, the Reichsbank did not participate in this credit.