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May 23$ 1955
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•^^trajiclia on Sefracfet
la the course of an interview todey vith Hr# Morgan* I asked hi® whether or
mat ha had had any connection^ any contact* vith Schacht sines the war* He looked very
grave and said that he had earafully avoided such contact because he thought Seh&eht's
behavior daring the Hitler regime inexcusable*
He had known Sehaoht veiy well in earlier years and admired the quickness of
his mini, but thought that the Ban had insufficient moral background to give tot proper
balance to a v e ^ qui ok and shrewd mind* He said that whatever Sehaoht didf he had
only oat §od# end that was Sehaoht*
He had B O opinion as to the advisability °^ seeing Sohacht in Europe^ but he
did suggest that without fail I should see Per Jaoobsen and possibly hi a daughter#
It said "also- that there wag a Frenchman* rather a Fleming who talked like a Frenchman
who iffae in an executive position in the Batik* He could not reneiiber his nm® but
suggested that 1 should see Iiin also*
He also said that he hoped in England I would be able to persuade Mr* Siepwmm to -eoaie in from hi a country place sad talk about bank affairs* le said that
Atepna&a had known Rr. Montagu lo»an vary wall and had also known Mr* Strong but not
ao well as he {ife% Morgan} and Burgess had known him*
He alio said that he had this wis tar wasted a month at Aneona analysing a
scheme f ^ r m bank which Mr* Sehadit had submitted before the Bank of Jnteimtienal
Sett^siient had become a going concern* He had turned down the Sehaoht plan in those
days but real!sad he had done it witiaout giving it sufficient, analysis m& therefore
went back to set what it looked like from the present point of view* He said that
the plan included a scheme for getting central bathers together and that this was a
good feature but not of Soh&ohtfi indention* Someone else had" suggested it and
Sohaoht had accepted it but given no credit to the inventor*
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As to nhethor or not thov* would b# an^ irtloo in iy i@#lng SeiuMaiit* lit
0*14 that tho Intarvlev would be in tare sting; but that anything t&idh Schaoht *al4
4fao*&& b# quoted tfrnintt othor §wr##if at tho a*n wis not entirely dependable*
MliSft
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