The Jewish Trust Corporation, successor organization in the British zone of Germany, through its chairman, Sir, Henry d’Avigdor Goldsmid, turned down a request today from the Council of Jews from Germany for an increase in allocations of her less funds and former German communal property.
Sir Henry termed “unjustified” a request for an increase from 10 percent to 12 and one-half percent as the Council’s share. He noted that the Leo Baeck Charitable Trust, which receives allocations to the Council made by the JTC, still has not spent more than two-thirds of 2,330,000 deutschemarks which it had received. In addition, the JTC chairman stressed, the Baeck fund can expect an additional allocation of 1,500,000 deutschemarks from the JTC and considerable additional sums from the Jewish Restitution Successor Organization, which operates in the American zone of Germany.
Commenting on Sir Henry’s remarks, the Council agreed that the Leo Baeck Trust had not distributed all its available funds, but insisted that to have done so would have been “frivolous” It noted that income sources would soon dry up, but that the needs of refugee German Jews would continue for a long time and that the Baeck fund is showing “responsibility toward the future.”
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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.
