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Italy Setting Up Body to Liquidate Jewish Property

May 9, 1939
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The newspaper Popolo d’Italia announced today establishment of a Government organization after May 11 to liquidate and administer Jewish interests. The newspaper reminded Italian Jews that they have until that day to register their immobile wealth and their interests in commercial or industrial enterprises of which they are proprietors, directors or partners.

Italian Jews living abroad have until August 9 to register their wealth. When registering, Jews are requested to announce whether they wish to avail themselves of the right to donate their immobile wealth to non-Jews, to descendants not considered of the Jewish race, non-Jewish spouses, educational institutions or charities.

The sum of 20,000,000 lire, it was announced, has been allotted for administration expenses by the liquidation institute. “Privileged” Jews must also register their interests but are not subject to liquidation. According to the law, the category of “privileged” comprises distinguished war veterans and their ascendants or descendants to the second generation. Hitherto, however, exemption has been granted officially only to a handful of prominent persons while consideration of remaining applications for exemption is proceeding at an extremely slow pace, with no prospect of a decision before many months.

Estimates of Jewish wealth affected by the registration decree are not yet available.

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