Martin Schmidt (economist)

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Martin Schmidt (born June 13, 1905 in Cologne , † June 16, 1961 in Berlin ) was a German communist . From 1958 to 1961 he was President of the German Central Bank of the GDR .

Life

The son of a saddler completed an apprenticeship as a businessman in Hamburg from 1924 to 1926 after attending elementary school and high school with a high school diploma . This was followed by a degree in economics. Schmidt had been a member of the KPD since 1929 , an employee of the KPD intelligence service since 1930, and had lived underground from 1933. After staying in Moscow, he was arrested on his return to Germany in October 1935. In 1936 he was ten years for "conspiracy to commit high treason" penitentiary convicted and was until 1945 in Brandenburg prison in custody.

After the war, he became deputy head of the personnel and administration department in the first post-war Berlin magistrate and in 1946 a member of the SED . From 1949 he was city treasurer or city councilor for finances of the East Berlin magistrate. From 1950 to 1953 he was a representative of the People's Chamber in Berlin . In 1953 he became the chief department head in the Ministry of Finance, in 1954 deputy and in 1956 first deputy minister. Schmidt received his doctorate in 1956 and was Professor of Finance at Humboldt University from 1955 to 1958 . From April 1958 until his death he was President of the German Central Bank of the GDR. On May 28, 1958, at a joint meeting of the People's and Länder Chamber, he was given confidence as a member of the GDR Council of Ministers .

Awards

literature

Individual evidence

  1. ^ Martin Broszat, Hermann Weber, Gerhard Braas: SBZ manual: State administrations, parties, social organizations and their executives in the Soviet zone of occupation in Germany. R. Oldenbourg Verlag, 1993, ISBN 3486552627
  2. ^ New Germany of May 29, 1958