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Industrialists Who Backed Hitler Got Seized Jewish Property, Nazi Paper Reveals

February 5, 1940
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The German newspaper Frankfurter Zeitung has published figures showing that a handful of German industrialists who financed Chancellor Adolf Hitler’s rise to power are the chief beneficiaries, together with Economics Dictator Hermann Goering, of confiscation of Jewish enterprises.

The newspaper asserts that virtually all confiscated Jewish property fell into the hands of the richest German industrialists, namely, Krupp, Kirdorf, Stinnes, Klockner, Mannesmann, Friedrich Flick, Otto Wolf and Goering.

These men, the newspaper reveals, have acquired all the Jewish enterprises producing sugar, paper, chemicals, automobiles, leather, textiles, shoes and clothing. Only Jewish film concerns, newspapers and a munitions factory have passed directly into Government hands.

The newspaper publishes a detailed list of Jewish industrial and commercial enterprises which have been “aryanized” since 1933. The list, which is reproduced by French newspapers, limits itself to the most important Jewish concerns and does not include tens of thousands of smaller Jewish firms which have passed into the hands of less wealthy Germans. The Frankfurter Zeitung frankly emphasizes that the listed industrialists now control 40 per cent of the entire German heavy industry.

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