AN ARRANGEMENT FOR FACILITATING THE SENDING OF MONEY BY JEWS TO RELATIVES IN GERMANY AND THE EXPORT OF FUNDS BY GERMAN JEWS WISHING TO EMIGRATE, WAS ANNOUNCED YESTERDAY BY DR. WERNER FEILCHENFELD, GENERAL MANAGER OF HAAVARA, LTD., OF TEL AVIV, PRIOR TO SAILING FOR EUROPE ON THE REX.
WHILE HERE, DR. FEILCHENFELD SAID, HE REACHED AN AGREEMENT WITH THE AMERICAN EXPRESS COMPANY, UNDER WHICH JEWS IN THE UNITED STATES AND ELSEWHERE OUTSIDE GERMANY CAN PURCHASE HAAVARAH MARKS (JEWISH EMIGRANT MARKS), ESTABLISHING CREDITS TO BE DRAWN AGAINST BY JEWS IN GERMANY. HAAVARAH MARKS WILL BE SOLD AT THE SAME DISCOUNT AS REGISTERED REICHSMARKS, NOW USED FOR THE SAME PURPOSE. THE SYSTEM WILL BE OPERATED JOINTLY BY THE AMERICAN EXPRESS COMPANY AND INTRIA, LTD., EUROPEAN FOR HAAVARAH, LTD., WHICH HAS A NEW YORK OFFICE AT 120 BROADWAY.
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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.