Jews may not be given any credits by German banks, but “Aryans” may freely obtain credits from Jewish banks, according to an order issued today by the official Economic Service.
“In the future all banks will apply in dealings with Jews stricter measures than those applied hitherto,” the official order decrees. “It is advisable that in cases where doubt arises, public credit institutions should make their decision after consultation with the proper Nazi authorities.”
The order points out, however, that when a Jewish bank requires information from a German bank regarding an “Aryan” firm, such information should be given “because if denied it may lead to a refusal of credit by the Jewish bank, and this is undesirable under the present shortage of capital.”
“Jewish capital still in Germany,” the order reads further, “should be utilized for the furtherance of German economy, There is no ground whatsoever why “Aryans” should refuse credit from Jewish banks.”
“The argument that by accepting Jewish capital, German firms become enslaved to the Jews is incorrect,” the Economic Service says, “because German banking regulations are applicable to all Jewish banks.”
The order declares, however, that Jews should not be given credit by German banks “because that would be helping Jewish business to the detriment of the businesses of “Aryans.”
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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.