“It is possible that no bank of issue in peace times has carried on such a daring credit policy as has the Reichsbank since the seizure of power by National Socialism. With the aid of this credit policy, however, Germany has created an armament second to none, and this armament in turn has made possible our political successes.” (Document EC-611)
Is that correct?
SCHACHT: That is absolutely correct, and—would you please mind letting me talk in the future? That is correct and I was very much surprised that it was necessary to do this in order to create justice in the world.
MR. JUSTICE JACKSON: The taking over of Czechoslovakia representing your idea of justice?
SCHACHT: I have already told you that Germany did not “take over Czechoslovakia,” but that it was indeed presented to Germany by the Allies on a silver platter.
MR. JUSTICE JACKSON: Are you now saying that that was an act of justice, or are you condemning it? I cannot get your position, Doctor. Just tell us, were you for it? Are you today for it, or against it?
SCHACHT: Against what? Will you please tell me against what and for what?
MR. JUSTICE JACKSON: Against the taking over of the Sudetenland by the method by which it was done.
SCHACHT: I cannot answer your question for the reason that, as I said, it was no “taking over,” but was a present. If someone gives me a present, such as this, I accept it gratefully.
MR. JUSTICE JACKSON: Even though it does not belong to them to give?