The following facts relating to the recently concluded agreement between Haavarah Ltd., and Germany’s commercial creditors have been made public by the Haavarah here:
“Following an application being made by Intria Ltd., the representatives of Haavarah in London, an agreement was reached at the recent conference of Germany’s creditors in Berlin, under which the use of Haavarah Marks for benevolent purposes will be permitted.
“The resolution adopted at the February meeting of the so-called ‘Stand-still creditors’ runs as follows:-
“‘It was agreed that Haavarah Marks should be permitted to be used for the purpose of benevolent remittances from Jewish individuals or organisations for the benefit of Jewish people living in Germany within the limitations imposed by the existing regulations of the Reichsbank, in respect of registered marks.’
“Haavarah Marks will be sold to Jews supporting relatives in Germany by Intria-Haavarah, following the lines hitherto adopted in the case of registered marks, which are being sold for relief purposes. The new system will soon come into force in Palestine.
“The Jewish public in the various countries will be notified of the possibility of purchasing the new relief marks as soon as these are available.
“Relief marks will be sold at the same rate of exchange as registered marks used for the same purpose.
“It is hoped that remittances to German Jews will be sensibly increased under the new arrangement which supplements the old.”
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.