Dr. Karl Melchior, a partner of Max Warburg, noted Hamburg banker, and brother of Felix Warburg, American philanthropist, is being considered in government circles here as president of the Reichsbank to succeed to Dr. Schacht, who resigned last week. Dr. Melchior is one of the outstanding economists in Germany and has represented his country at all of the recent international economic conferences as well as in the reparations negotiations.
Dr. Melchior, himself, however, has officially declined to accept the position.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.