English Translation

Mr. Hart-mann brought a Mr. Schmidt from Magdeburg (or Berlin?), who has since been co-opted into the management of the central bank of the savings banks. (The remuneration of both gentlemen should amount tojeRM24.ooo.- annually). None of the gentlemen is powerful in the Czech language. As a result of the central bank's trust with the Girodienste, the plan to build a Community bank can only be pursued by a merger of the Central Bank with the merged Landesbank and Mortgagebank. This intention is entirely in line with the objectives set up for the development of the public money institutions by the lords of the Reichsguardor /v. Wedelstaedt,Hofmann,Venzke/. To fulfil this task, the German directors of the Landesbank consider themselves ready and suitable. Oberdir.Dr.Böhm wants to supplement his experience in the development and organization of a German sample institute by a 3 - 4 weekly study stay at a German joint bank. On the other hand, Mr v. Wedelstaedt felt it necessary that Mr Hartmann should be trusted with the preparation of an expert opinion on the basis of the existing foundations for the establishment of a Community bank in the Landesbank and Mortgagebank. However, in order to fulfil his task, Mr Hartman was required to attend the management meetings of these mwe institutions. Since Kislinger and Böhm consider themselves suitable for the performance of this task, 2i194