Answers

According to the Nazi statements, Jews have obtained the control of German trade, industry and finance.

The large participation of Jews in trade and in finance is partly the consequence of the old laws. Jews were exeluded from all other porfessions. They were not allowed to possess farms, they were not allowed to enter the guilds of artisans. On the other hand Jews, and Jews only, were allowed to engage in money-lending. Since the emancipation, the Jewish share in finance and frade has become smaller. Among 1,000 trdesmen there are not more than thirty Jews. The majority of Jews ir trade and industry are owners of small businesses with one or two employees, who are often members of the family. These small spopkeepers cannot in any sense be believed to exert an appreciable influence on German economic life. The great and influetial magnates of Germany, men like Stinnes, Thyssen, Voegler, Kirdorf-the steel magnates; Duisberg, Bosch-the chemical magnates; Rosterg-the potash magnate were not and are not Jews. The heavy industries of Germany, the chemical, steel, coal and potash trussts do not contain any Jews among their directors-and in recent years it has been difficult for Jews to obtain positions even in the lowest ranks of employees. The German shipping industry has, since the death of Albert Ballin, also been almost entirely closed to Jews, and the same may be said about the electrical industry since the drath of Rathenau and Deutsch.

It is ture that Jews have taken a leadering part in the creation of the big German multiple stores such as Tietz, Wertheim, etc. On the other hand there are also great stores which were not founded by Jews. Moreover, the turnover of the multiple stores in ralation to the total turnover of German trade is only four percent.

In German banking, the wellknown private firms such as Bleichroeder, Mendelssohn and Warburg were founded more than a hundred years ago. They have rendered valuable service to the economic development fo Germany. Today their importance is small in comparison with that of the big joint stock banks, where Jewish directors are the exception rather than the rule.