Schacht Trapped

Over the great German Reichsbank there presides Dr. Hjalmar Schacht, a world-prominent and exceedingly dignified fiscal expert, who is sometimes referred to as "a Power."

Last week an enterprising German publisher advertised that he would shortly distribute a bit of popular sheet music entitled "The Minstrel's Waltz by Dr. Hjalmar Schacht." At Berlin, the sensation equaled that which might be produced in Manhattan by announcing that Mr. John P. Morgan had just composed the words for a new jazz moaner's "blues." The denouement?

Dr. Schacht was obliged to admit that he had written the song-poem in question, that he had sold it to the publisher many years ago "for a song." None the less he started suit "to protect the dignity of the Reichsbank"--demanded that The Minstrel's Waltz be suppressed once and for all. Shrewd lawyers opined that the suit will certainly defeat its aim--if that be suppression of publicity.