SCHACHT: Yes.
MR. JUSTICE JACKSON: You were President of the Reichsbank. That was the financial office.
SCHACHT: Yes.
MR. JUSTICE JACKSON: And you were Minister of Economics, in which position you had control with the minister for the general economic situation.
SCHACHT: Yes. This word “control” is such a general term that I cannot confirm your statement without question, but I was Minister of Economics.
MR. JUSTICE JACKSON: Now, let us take up first this position of Plenipotentiary for War. You have testified that this position was created for two purposes: (a) Preparation for war; (b) Control of the economy in event of war.
Is that correct?
SCHACHT: That means preliminary planning in case war should come, and the direction of economy when war had broken out. In other words, a preparatory period and a later period in the event of war.
MR. JUSTICE JACKSON: And, you were asked about your functions and gave these answers, did you not, “As the Chief of Staff provides for mobilization from a military point of view... so you were concerned with it from the economic point of view.”
SCHACHT: Yes.