MR. JUSTICE JACKSON: They were shortly to mature?
SCHACHT: Yes, but they could be paid. That is a mistake if you say that they could not be paid.
MR. JUSTICE JACKSON: Well, they could not be paid out of the current year’s taxes, could they?
SCHACHT: Yes, indeed. You are not interested and do not want me to tell you, but I am quite ready to explain it.
MR. JUSTICE JACKSON: Well, you have explained it pretty well to us.
SCHACHT: You have just told me you were not interested.
MR. JUSTICE JACKSON: Your subscriptions to the Fourth Reich Loan of 1938 had produced unsatisfactory results, had they not?
SCHACHT: They were hardly pleasing. The capital market was not good.
MR. JUSTICE JACKSON: And you have reported on the loan that there had been a shortage in the public subscription? And the result had been unsatisfactory?
SCHACHT: Yes.