Hjalmar Schacht (1877–1970) was Minister of Economics and General Plenipotentiary for the War Economy until 1937 and Reichsbank (national bank) president until 1939.
Superceded by Hermann Göring in economic affairs, he remained as Minister without Portfolio until 1943. Following the assassination attempt on Hitler in 1944, Schacht was sent to a concentration camp for his contacts with conservative resistance members.
Schacht was acquitted at the International Military Tribunal at Nuremberg. However, he was tried and sentenced by a German denazification court to eight years in a work camp. Schacht was released in 1948.
Critical Thinking Questions
- How were various professions involved in implementing Nazi policies and ideology? Who was brought to trial after the Holocaust?
- What pressures and motivations may have affected Schacht's choices before and during the war?