Confessions of "The Old Wizard"': Autobiography

By Hjalmar Horace Greeley Schacht; Diana Pyke | Go to book overview

LXII
UNDER THE GARUDA

THE OLD DUTCH COLONIAL Empire of Insulinde no longer flies the colors of the House of Orange. Everywhere we are greeted by the Garuda, the Indonesian Eagle of Liberty.

Our visit to Indonesia lasted three months during which we grew to love the land and the people. The country is one perpetually lush green garden in which it is difficult to find a single foot of earth without rioting, luxuriant vegetation. In the garden of our hotel, situated in the modern business quarter of the town, the trees were ablaze with red and blue blossoms and from our veranda we could almost grasp the orchids that grew on them.

We had been warned against the tropical climate, but there was hardly an occasion when we found the heat really oppressive. At weekends it took us one and a half hours at most by car to reach Bogor in the mountains where the government maintains a guest house at Tugu, more than two thousand feet up, and where it was often actually cold at night.

Tugu was halfway along the road to Bandoeng and already in a part of the territory where surprise attacks and fights with gangs of bandits were frequent. There was still a great deal of insecurity in the country, though mainly confined to West Java, and the road to Tugu was occasionally patrolled by sentries. But we never encountered any unpleasantness. The rural population was always friendly; kindliness is, in fact, a characteristic of the whole Indonesian people. During our stay we often drove through the countryside in Bali, northern and southern Sumatra, and also in central Java and never met with any mishap. We visited several plantations in northern Sumatra where the owners and managers all told us that they got on very well with the population. True, they had lost some of their land which had been seized by the workers, but on the whole the people were both willing and industrious.

In the towns people are showing a real desire for education. The

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Confessions of "The Old Wizard"': Autobiography
Table of contents

Table of contents

  • Title Page iii
  • Introduction vii
  • Contents xv
  • Illustrations xix
  • I - The Schacht and the Eggers Families 1
  • II - Three Towns Beginning with "H" 14
  • III - Three Emperors in One Year 26
  • IV - Cholera in Hamburg 38
  • V - A Meeting with Bismarck 47
  • VI - At the University 52
  • VII - An Unpaid Assistant on the Kleines Journal 60
  • VIII - Paris at the Turn of the Century 66
  • IX - Doctor of Philosophy 72
  • X - Commercial Treaties 80
  • XI - I Meet Some of the Big Bankers 87
  • XII - The Dresdner Bank 92
  • XIII- The Near East 101
  • XIV - My Family 107
  • XV - Germany's Turning Point 112
  • XVI - The First World War 119
  • XVII - Appointment as Director of the Bank 128
  • XVIII - The Founding of a Party 136
  • XIX - Member of the Workers' And Soldiers' Council 143
  • XX - Inflation 151
  • XXI- With the Danat Bank 156
  • XXII - The Secret of the Stabilized Mark 162
  • XXIII - President of the Reichsbank 173
  • XXIV - The Bank of England 179
  • XXV - The Center of Separatism 186
  • XXVI - Monsieur Poincaré 192
  • XXVII - A Painful Recovery 198
  • XXVIII - The Reichsbank from the Inside 206
  • XXIX - Some Economic Aftereffects 211
  • XXX - Clouds on the Horizon 217
  • XXXI - I Sign the Young Plan 224
  • XXXII - A Far-Reaching Idea 230
  • XXXIII - I Resign from the Reichsbank 237
  • XXXIV - On My Own 244
  • XXXV - The End of Reparations 250
  • XXXVI - Meeting with Hitler 256
  • XXXVII - The Bank Crisis 262
  • XXXVIII - The Harzburg Front 268
  • XXXIX - President of the Reichsbank Again 275
  • XL - A Visit to Roosevelt 281
  • XLI - Conversion Fund and "Mefo" Bills 287
  • XLII - A Stronghold of Justice 294
  • XLIII - The New Plan 301
  • XLIV - Mainly About Pictures 308
  • XLV - At Odds with the Party 313
  • XLVI - The Königsberg Speech 318
  • XLVII - The Jewish Question and The Church Question 322
  • XLVIII - Rearmament 330
  • XLIX - Hermann Goering 335
  • L - Foreign Policy 346
  • LI - I Break with Hitler 353
  • LII - From an Attempted Coup D'Etat To an Attempted Assassination 361
  • LIII - Concentration Camps 382
  • LIV - In American Hands 397
  • LV - Nuremberg Prison 402
  • LVI - The Prisoners 405
  • LVII - The Nuremberg Tribunal -- I 411
  • LVIII - The Nuremberg Tribunal -- II 425
  • LIX - The Denazification Tribunals 442
  • LX - Free Once More 449
  • LXI - Off to the Far East 453
  • LXII - Under the Garuda 459
  • LXIII - Finale 468
  • Index 473
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