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The Stabilization of the Mark.
London: George Allen & Unwin Ltd, 1927 - Octavo. Original black cloth, spine lettered and ruled in gilt, front board ruled in blind. With 2 newspaper obituaries for Schacht laid in. Spine ends and corners bumped and worn, a few minor marks to boards, hinges gently cracked but firm, endpapers tanned, overall a very good copy. Photographic portrait frontispiece. First UK edition in English, first impression, presentation copy, inscribed by the author, "To Mr Fred B. Bate, with kind regards", dated 17 November 1927, to the front free endpaper. The recipient is presumably the American broadcaster Frederick Blantford Bate (1886–1970), who was the NBC representative in London at the time. The book was originally published in German in Stuttgart by Deutsche Verlags-Anstalt earlier the same year. The German financial expert is credited with almost single-handedly halting the Weimar Republic's hyperinflation crisis of 1922–3 with the introduction of the Rentenmark—the subject of this book—and thereafter he served as president of the Reichsbank before becoming minister of economics (1934–7) under Hitler's rule. Although charged in 1945 as a war criminal for his early support of Hitler and for his role in enabling Hitler's armament plans, he was acquitted at Nuremberg and went on to establish his own bank and act as an international financial consultant. This copy is accompanied by two brief newspaper articles from the Chicago Daily News and the Chicago Sun-Times, both dated 5 June 1970, on Schacht's life; Schacht had died the day before. Both name Schacht as "the financial wizard who helped Hitler's rise to power". [Attributes: First Edition; Signed Copy]
      [Bookseller: Peter Harrington. ABA member]
Last Found On: 2017-09-07           Check availability:      ZVAB    

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