The plan to settle the problem of the German Jews once for all is expected to be accelerated as a result of the visit to London of Dr. Hjalmar Schacht, president of the Reichsbank, informed quarters believe that George Rublee, director of the Intergovernmental Refugee Bureau, or his representative will come to Berlin in the next week or two, after which Dr. Schacht is expected to go to London again, possibly in February.
The Reich’s willingness to deal directly with the leaders of the Intergovernmental Refugee Committee is considered of primary importance to observers, who note the development of a tendency, at least for the moment, of the German moderates against the radicals. Three practical plans for fostering the transfer of Jewish capital are seen. They are:
I–a scheme, said to be the principal one discussed by Dr. Schacht in London, which would bind the Jews to the augmented export drive of the Reich.
2–The raising of an international loan through governments and Jewish organizations which would extend credits to emigrants wherever they settle;
3–Exchange of property between Jews emigrating from the Reich and Germans returning from abroad, particularly from South America. Nazis estimate. That Germans returning to their homeland total 50,000 annually.
Many quarters hold that not one plan but possibly a combination of the three will eventually be evolved.
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