Paper Proves Jews Do Not Dominate German Finance

(J. T. A. Mail Service)

Figures showing the extent to which Jews participate in the large financial concerns in Germany are given in the current issue of “Der Morgen.” which points out that the statistics controvert the argument of the anti-Semites that the Jews control German finance.

In the Deutsche Bank three of the eight directors are of Jewish origin, the Disconto Geselicschaft has nine directors of whom three are Jews, the Dresdner Bank has three Jews among its five directors, three of the five directors of the Berliner Handelsgesell-schaft are Jews, the Commerz Bank has eight directors including two Jews, in the Delbrueck-Schickler Bank one of the eight directors is a Jew, in the Mitteldeutsche Kreditbank one of the two directors is a Jew, in the Mendelssohn Bank there are three Jews among the seven directors, the Reichskredit Gesellschaft has five Jews among its seven directors, the Reichsbank Bleichroeder’s Bank, the Seecandlung, the Rentenbank-reditanstalt, the Girozentrale and the Presenkasse, all have no Jews as all among their directors.

“There is no question here,” the paper writes, of a Jewish domination of the money market. Jewish influence in the money market is very slight, and is in no way to be compared to the influence of the non-Jews. There was a time it is true, when the German money market was under Jewish influence. That was at the time of the stabilization when Jacob Michael, in contradiction to all the other bankers believed in stabilization. But it was for a very short time indeed that Michael stood out as the dominating figure in German finance. Today Jacob Michael’s influence on the money market is negligible, the paper writes.