MR. JUSTICE JACKSON: You answered, “certainly.” And your position as Plenipotentiary for War was of equal rank with the War Ministry, was it not?

SCHACHT: Yes.

MR. JUSTICE JACKSON: And, as you told us, those charged with responsibility in event of war were: First, the Minister of War and the Chief of the General Staff of the Wehrmacht; and, secondly, on an equal footing, Dr. Schacht, as Plenipotentiary for Economics. Is that correct?

SCHACHT: I assume so, yes.

MR. JUSTICE JACKSON: And in January of 1937 you wrote this, did you not?

“I am entrusted with the preparation of the war economy according to the principle that our economic war organization must be so organized in time of peace that the war economy can be directly converted in case of emergency from this peacetime organization and need not be created at the outbreak of war.”

SCHACHT: I assume that that is correct.

MR. JUSTICE JACKSON: And who was your Deputy in that office? Wohlthat?

SCHACHT: I think Wohlthat.

MR. JUSTICE JACKSON: Now, those being your functions as Plenipotentiary for the War Economy, let’s turn to your functions as President of the Reichsbank.