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Schacht served in [[Adolf Hitler]]'s government as President of the Central Bank (Reichsbank) 1933–1939 and as Minister of Economics (August 1934 – November 1937).
 
Schacht served in [[Adolf Hitler]]'s government as President of the Central Bank (Reichsbank) 1933–1939 and as Minister of Economics (August 1934 – November 1937).
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[[File:Cables to Hitler & Mussolini on behalf of Arab institutions in Chile - June 1941 (2).PNG|right|thumb|Cables to Hitler & Mussolini on behalf of Arab institutions in Chile - June 1941]]
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[[File:Cables to Hitler & Mussolini on behalf of Arab institutions in Chile - June 1941 (2).PNG|right|thumb|MUNDO ARABE - Cables to Hitler & Mussolini on behalf of Arab institutions in Chile - June 1941]]
    
In 1950, [[anti-Semitic]]<ref>American Jewish Year Book. Germany: Jewish Publication Society of America, 1951, [https://books.google.com/books?id=MbYSAAAAIAAJ&q=%22mundo+arabe%22 p.225].<blockquote>An openly anti-Semitic publication called El Mundo Arabe circulated in the Arab colony, which possessed great economic power in Chile and largely controlled the textile industry.</blockquote></ref><ref>Nes-El, Moshé. Estudios sobre el judaísmo chileno. Israel: Ediciones Revista de Oriente y Occidente, 2009, p.94.<blockquote>La posición pro árabe se encuentra en el periódico Mundo Árabe, publicación quincenal, furibundo atacante de Israel y el sionismo, el que publicaba material antisemita.</blockquote></ref> (was banned  in [[WWII]] by the Allied Forces because it published Nazi propaganda<ref>[http://www.jta.org/1949/08/01/archive/popular-chilean-newspaper-charges-arab-publication-with-incitement-against-jews Popular Chilean Newspaper Charges Arab Publication with Incitement Against Jews], ''JTA'', August 1, 1949.<blockquote> A demand that the Chilean Government take action against the Chilean Arab newspaper Mundo Arabe if it continues its anti-Jewish campaign is voiced in the widely read Santiago newspaper Noticias de Ultima Hora, just received here. [...] It adds that the Arabe Mundo served as a propaganda organ of the Nazis during the late war and as such was blacklisted by the Allies.</blockquote></ref>) ex-[[Grand Mufti of Jerusalem|Mufti]] supporter, ''Mundo Arabe'' - Central Arab Committee of Chile's  weekly journal, reported of a launching of an Arab Youth Movement and "gradually it is hoped the Arabs of both the Americas will be United into a single force."
 
In 1950, [[anti-Semitic]]<ref>American Jewish Year Book. Germany: Jewish Publication Society of America, 1951, [https://books.google.com/books?id=MbYSAAAAIAAJ&q=%22mundo+arabe%22 p.225].<blockquote>An openly anti-Semitic publication called El Mundo Arabe circulated in the Arab colony, which possessed great economic power in Chile and largely controlled the textile industry.</blockquote></ref><ref>Nes-El, Moshé. Estudios sobre el judaísmo chileno. Israel: Ediciones Revista de Oriente y Occidente, 2009, p.94.<blockquote>La posición pro árabe se encuentra en el periódico Mundo Árabe, publicación quincenal, furibundo atacante de Israel y el sionismo, el que publicaba material antisemita.</blockquote></ref> (was banned  in [[WWII]] by the Allied Forces because it published Nazi propaganda<ref>[http://www.jta.org/1949/08/01/archive/popular-chilean-newspaper-charges-arab-publication-with-incitement-against-jews Popular Chilean Newspaper Charges Arab Publication with Incitement Against Jews], ''JTA'', August 1, 1949.<blockquote> A demand that the Chilean Government take action against the Chilean Arab newspaper Mundo Arabe if it continues its anti-Jewish campaign is voiced in the widely read Santiago newspaper Noticias de Ultima Hora, just received here. [...] It adds that the Arabe Mundo served as a propaganda organ of the Nazis during the late war and as such was blacklisted by the Allies.</blockquote></ref>) ex-[[Grand Mufti of Jerusalem|Mufti]] supporter, ''Mundo Arabe'' - Central Arab Committee of Chile's  weekly journal, reported of a launching of an Arab Youth Movement and "gradually it is hoped the Arabs of both the Americas will be United into a single force."
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