Quote by: Hjalmar Schacht

Material loss can be made up through renewed labor, but the moral wrong which has been inflicted upon the conquered peoples, in the peace dictates, leaves a burning scar on the people's conscience.


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Author Bio


  • NameHjalmar Schacht
  • DescriptionGerman politician
  • BornJanuary 22, 1877
  • DiedJune 3, 1970
  • CountryGermany
  • ProfessionEconomist; Banker; Politician
  • AwardsGolden Party Badge