RARE Vintage 5X8 thin stock photograph signed in blue fountain pen ink by Hjalmar Schacht adding, "VII 54," for the year. A small tear to the lower left edge, otherwise nice.(1877-1970) Hjalmar Schacht was a German economist, banker, center-right politician, and co-founder in 1918 of the German Democratic Party. He served as the Currency Commissioner and President of the Reichsbank under the Weimar Republic. He was a fierce critic of his country's post-World War I reparations obligations. He was also central in helping create the group of German industrialists and landowners that forced Hindenburg to form the first NSDAP government.He served in Adolf Hitler's government as President of the Central Bank (Reichsbank) from 1933–1939 and as Minister of Economics (August 1934 – November 1937).While Schacht was for a time feted for his role in the German "economic miracle", he opposed elements of Hitler's policy of German re-armament insofar as it violated the Treaty of Versailles and (in his view) disrupted the German economy. His views in this regard led Schacht to clash with Hitler and most notably with Hermann Göring. He resigned as President of the Reichsbank in January 1939. He remained as a Minister-without-portfolio, and received the same salary, until he left the government in January 1943.In 1944, Schacht was arrested by the Gestapo following the assassination attempt on Hitler on 20 July 1944 because he allegedly had contact with the assassins. Subsequently, he was interned in the concentration camps and later at Flossenbürg. In the final days of the war, he was one of the 139 special and clan prisoners who were transported by the SS from Dachau to South Tyrol. This location is within the area named by Himmler the "Alpine Fortress", and it is speculated that the purpose of the prisoner transport was with the intent of holding hostages. They were freed in Niederdorf, South Tyrol, in Italy, on 30 April 1945.Schacht was tried at Nuremberg, but was fully acquitted despite Soviet objections; later on, a German denazification tribunal sentenced him to eight years' hard labor, which was also overturned on appeal.In 1955, he founded a private banking house in Düsseldorf. He also advised developing countries on economic development.This lot came from the Jim Wiggins collection we purchased in July 2022. Jim Wiggins accumulated the most unique and valuable autograph collection over a period of 70-plus years. He obtained his collection either in person or by writing to persons of fame and notoriety. Comes with a full Letter of Authenticity from Todd Mueller Authentics.