A proposal to create capital transfer possibilities for emigrating Jews by foisting exports on receiving countries has been tentatively placed before several foreign governments, Nazi sources revealed today.
In some respects similar to the Palestine transfer plan, the new proposal is designed to overcome objections of foreign nations to admitting paupers and at the same time to conserve Reich foreign exchange and to stimulate trade. The scheme envisages a series of trade agreements, probably of a bi-lateral nature, under which foreign nations desiring to “help Jews” agree to import from Germany a definite amount of goods over and above existing commitments. Importing countries will pay for the goods by handing over money to Jewish immigrants bearing ” goods coupons” granted by the Reich. The Reich will be paid for the exports through expropriation of fortunes left by the Jews.
No details are yet available with regard to the face value of the “goods coupons.” However, it is presumed they will enable the Jews to realize a greater part of their fortunes than the approximately five per cent under the present under the present system of sperrmarks. Under the scheme, Jews without fortunes would be allotted coupons on the basis of excess funds left by wealthier emigrants.
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.
