An altered plan to finance Jewish emigration, presumably designed to remove some of the features of the Schacht plan which are objectionable to foreign nations, was today presented to Chancellor Adolf Hitler by Karl Blessing, Reichsbank director, and will be the subject of inter-ministerial discussion tomorrow.
Although details of the plan are lacking, it is believed that its inspiration comes from British sources regarded as friendly to the Reich. Informed quarters express the opinion that the origin can be traced to Montagu Norman, Governor of the Bank of England. Blessing was reported to have put the plan into concrete shape.
It is not yet known whether George Rublee has approved the plan. Informed quarters state that Blessing, in his talk with Chancellor Hitler, reviewed the entire Jewish emigration problem. The fact that the scheme will be discussed tomorrow at a conference of the Finance, Economics and Interior ministries indicates that Chancellor Hitler has shown definite interest in it. Mr. Rublee will definitely not attend tomorrow’s conference, but undoubtedly will be informed of the results.
It can be taken for granted that the changes in the new draft of the Schacht plan affect most drastically the financial angles of the scheme. The new plan is also believed to emphasize the need of speedy emigration of Jewish workers and to provide a Government guarantee that Jewish aged and children who have to remain in the country will be adequately cared for.
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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.
