Poland Acts to Aid Transfer of Jewish Capital from Reich

The Polish consulate is asking Polish Jewish realty owners residing in Germany to register their holdings with the consulate as the first step in negotiations between Poland and the Reich for a transfer project permitting a number of Polish Jews to remove their capital to Poland.

Consular officials explained that in negotiating an arrangement for paying an old debt to Germany, the Polish Government would attempt to arrange payment in a manner permitting Polish Jewish nationals to liquidate their property in the Reich.

Under the plan, Poland intends to offer Germany payment of the debt in cash realized from sale of Jewish holdings to the Reich. Polish Jews, in selling their property, will turn over the proceeds to the Reichsbank and receive in exchange certificates which will be acceptable in Poland and discountable in Polish currency or State obligations.

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