New German Crisis Follows Berlin Pogrom: Feeling of Insecurity Causes Slump on Exchange and New Bank
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New German Crisis Follows Berlin Pogrom: Feeling of Insecurity Causes Slump on Exchange and New Bank

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The serious anti-Jewish excesses on Rosh Hashanah have created a feeling of apprehension in financial circles, which was reflected to-day in a heavy slump in all classes of shares on the German Stock Exchanges, and the position is giving cause for much anxiety. Several banks stopped payment to-day, among them the Friedmann Bank of Halle, and the big Wolfenbuettel Trade Bank is in difficulties. Hermann Schottlaender, a 73 year old Jewish stockbroker who was at one time a millionaire and lost heavily during the inflation period, being reduced in the present crisis to actual pauperism, committed suicide to-day, together with his wife, who was the same age. They were found together in their room which was filled with gas.

The “Berliner Tageblatt” describing it as a “black day”, says that it is clearly due to the feeling of insecurity caused among investors by the new anti-Jewish outbreak on Rosh Hashanah, which makes them fear that properties are not safe, and generally that Germany may be on the brink of an upheaval.

The Hitlerist headquarters in the Hedemann Street here were raided to-day by the police, who seized a large quantity of documents which are said to contain proof that the anti-Jewish excesses on Rosh Hashanah were organised on a definite plan previously prepared by Hitlerist headquarters.

The Hitlerists who are under arrest are said to have told the police that they acted on orders issued by their leaders.

A police statement says that the ringleaders of the outbreak have been arrested, but no names have yet been divulged. 22 pogromists will be summarily tried to-morrow.

The police have opened an enquiry into the charges that Deputy Goebbels, the Hitlerist leader in Berlin, organised and personally commanded the pogrom.

Another attempt last night by a troop of Hitlerists to attack Jewish worshippers going home from the services held for the conclusion of the Rosh Hashanah Festival was made outside the Polish Synagogue in the Gipsstrasse. The Hitlerists found themselves outnumbered, however, by the worshippers coming out of the synagogue and fled without starting any trouble.

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