SCHACHT: Yes.
MR. JUSTICE JACKSON: The only thing you were judging by was financial conditions, was it not?
SCHACHT: Oh, no.
MR. JUSTICE JACKSON: Well, what was it?
SCHACHT: I did, of course, have a general impression of these matters because General Thomas always discussed them with me. However, I do not remember that General Von Blomberg gave me detailed information about what he thought. Of course, I was informed in a general way regarding the progress made by the armament program, and that is why I said “more slowly.” My opinion was strengthened because of the general conditions.
MR. JUSTICE JACKSON: Well now, let’s see what reasons you gave in Document Number EC-286. That is Exhibit Number USA-833:
“I am therefore of the opinion that we should promote our export with all resources by a temporary”—and I emphasize the word “temporary”—“decrease of armament.”
SCHACHT: Decrease?
MR. JUSTICE JACKSON: Decrease, yes, temporary.
SCHACHT: Yes.