Word: helfferich
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Spruce and confident, Chancellor Hitler's "Maritime Adviser,'' Herr Emil Helfferich, cried: "I propose that this stockholders' meeting voice its ardent loyalty to our leader, Adolf Hitler, and to the spirit of National Socialism." This was done and Nazi Helfferich, whose chief reputation is that of a successful trader and plantationist in the East Indies, marched out of the meeting as the duly elected board chairman of Hamburg-American...
...Bankers Trust Co., Manhattan, has estimated that the total national wealth of Germany today is about $55,000,000,000. Dr. Karl Helfferich, famed German financier who was recently killed in a railway accident (TIME, Apr. 28), placed the national wealth of pre-War Germany at $73,780,000,000. Sir Josiah Stamp, British statistician, de- clared in 1919 that Dr. Helfferich had overlooked several items and he computed the pre-War Teutonic wealth at $80,500,000,000. Shortly before his death, however, Dr. Helfferich. made an estimate of Germany's post-War wealth. He thought that...
...Karl Helfferich is active leader of the Nationalists. His motives are not clear. Ostensibly, however, he is a good Republican...
...nominees for the post were Dr. Helfferich, former Imperial Minister of Finance, and Dr. Hjalmar Schacht, a partner in the Disconto Gesellschaft (Company). The battle was ended by a vote appointing Dr. Schacht President of the Reichsbank. He will be "Germany's money dictator and to currency and finance what General von Seeckt is to the Reichswehr as Commander-in-Chief...
...appointment of Dr. Schacht was considered a defeat for the Reichsbank directorate and the Central Reichsbank Committee, formed of big banking interests, both of which supported Dr. Helfferich...