COPY
                                           Berlin, September 28, 1939
 
No. 1435
     Subject: Transmitting Memorandum of Conversation 
                          with Dr. Schacht
 
 
The Honorable
        The Secretary of State,
         Washington, D.C.
 
 
Sir:
 
     I have the honor to transmit a memorandum of
a conversation of Donald R. Heath, Esquire, First
Secretary of the Embassy, with Dr. Hjalmar Schacht, 
Minister without portfolio, and until January of 
this year President of the Reichsbank.
 
 
                   Respectfully yours,
 
                              Alexander Kirk
                   Charge d'Affaires ad interim
 
 
Enclosure:
     1. Memorandum
 
800
 
DRH/hu
A true copy of 
the signed original.
       "HU"