PUHL: Yes.

DR. SAUTER: You were then named by Hitler, on the suggestion of the Defendant Funk, to be Managing Vice President of the Reichsbank?

PUHL: Yes.

DR. SAUTER: When was that?

PUHL: During the year 1939.

DR. SAUTER: During the year 1939. You have said that you were Managing Vice President, and I presume this was due to the fact that banking was not the special field of the Defendant Funk while you were a banking expert, and that Funk in addition had charge of the Reich Ministry of Economics. Is that correct?

PUHL: Yes, but there was another reason, namely, the division of authority between official business on one side, and the handling of personnel on the other.

DR. SAUTER: The actual conduct of business was apparently your responsibility?

PUHL: Yes.

DR. SAUTER: Hence, the title Managing Vice President?