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News Brief

November 27, 1938
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A decree establishing the details of procedure to be followed in eliminating Jews from Germany’s economic life was issued by the Economics Ministry today. All Jewish firms are to be dissolved and liquidated. Their transfer to “Aryan” hands is authorized only in special cases “to assure the provisioning of the population.” It had already been ruled that only one-third of the present Jewish commercial enterprises are to remain in operation after “Aryanization.”

Merchandise from Jewish shops may not be sold to the public during liquidation. Experts named by the presidents of chambers of commerce and industry will place values on goods to be transferred to “Aryans.” Creditors of Jewish concerns will be paid in the order provided for in cases of bankruptcy. The costs of liquidation will be charged to the firms being liquidated. Jewish craftsmen will be striken from the lists of German craftsmen, and will be subject to the ban against participation in commercial activities.

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