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Schacht Calls Bias of Nazis ‘a Blunder’

March 7, 1935
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Anti-Jewish discriminations in Germany were termed “a blunder” today by Hjalmar Schacht, the financial dictator of Germany, addressing the Leipzig Fair.

“If National Socialism roots out the elements which are alien to the German race from the state and the cultural system, that does not mean destroying every Jew without distinction,” Dr. Schacht said.

TERMS BLUNDERS TRANSIENT

“Blunders of this kind are only transient by-products which have never been absent from any revolution,” Dr. Schacht explained.

While making these assertions, Dr. Schacht in his speech emphasized his belief that the Nazis were right in eliminating the Jews from state positions and from the cultural machinery of the country.

The Voelkischer Beobachter, Hitler’s official organ, significantly omits the part of Schacht’s speech in which the Nazi discriminations against the Jews are termed “transient by-products.”

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