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Hjalmar
Schacht, Minister of Economic Affairs and the governor of the German
Central bank-who until then had restrained the economic assault on
the Jews for pragmatic reasons (to protect the German
economy)-resigned his portfolio as Minister for Economic Affairs.
This resignation was the first stage in a round of new appointments
in which party hard-liners replaced relative moderates in key
positions. In early 1938, the foreign minister and the defense
minister also resigned, and the army command was reshuffled.
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