A huge increase in German exports in Palestine was reported yesterday in a long article in the Frankfurter Zeitung written by its Haifa correspondent.
The article stated that exports to Palestine had increased from pound780,000 in 1932 to pound1,300,00 in 1933, largely through the transfer agreement. This agreement provided that each German Jew going to Palestine would be allowed to take with him up to 50,000 marks worth of German goods. The agreement originally covering 3,000,000 marks worth of such exports was recently renewed for 3,500,000 marks worth.
The import of metal goods, the article stated, has practically doubled, with tremendous increases registered for pharmaceutical goods, chemical imports, and a twenty per cent increase in textile imports to Palestine, despite competition offered by Japanese goods.
Exports of Palestine oranges to Germany have increased only slightly, the Frankfurter Zeitung correspondent declared, rising from 5,060,000 marks in 1932 to 5,220,000 in 1933.
JTA has documented Jewish history in real-time for over a century. Keep our journalism strong by joining us in supporting independent, award-winning reporting.
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.
