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South Africa to Barter Wool for £2,500,000 in Nazi Goods

December 7, 1934
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A barter agreement with Nazi Germany involving £2,500,000 has been signed, Finance Minister Havenga announced today. The South African government guaranteed to buy German goods to that amount and pay for it with South African wool.

Commercial circles are waiting to see in what manner the government will dispose of the German goods, particularly in view of the fact that Jewish firms and distributors are determined to refuse to handle German-made products.

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