“The memory of war weighs undiminished upon the people's minds. That is because deeper than material wounds, moral wounds are smarting, inflicted by the so-called peace treaties. … 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. … The Versailles Dictate cannot be an eternal document, because not only its economic, but also its spiritual and moral premises are wrong.”

— Hjalmar Schacht

On the Treaty of Versailles, as quoted in Nazi Conspiracy and Aggression (1946) by the United States Department of State, Vol. 2, p. 754.

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Hjalmar Schacht9

German politician 1877–1970

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Hjalmar Schacht9

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