Reports of the impending visit of three British-Jewish leaders to the United States have aroused considerable interest here, but it was indicated to the Jewish Telegraphic Agency in the most authoritative government quarters that the trip will be fruitful only if Germany receives at least a fifty percent commission in foreign currency on the goods that it would permit German. Jews to export under the emigration plan.
It was made clear in the same circles that the conditions enumerated in the New York Times do not come from the German Government. (The Times stated that German consent to mass emigration of Jews would be dependent on the obtaining of British consent to settling Jews in Palestine and British territories, on setting up of a transfer agreement similar to that between Germany and Palestine and on provision of a fund to finance the German exports involved in the second condition.)
The entire project for removing between 100,000 and 250,000 Jews from Germany comes from German-Jewish banking circles interested in assisting mass Jewish emigration through an extended transfer agreement and the establishment of an international Jewish bank for discounting credits received by the emigrants through the transfer, it was stated.
This project has been submitted to Economics Minister Hjalmar Schacht and is now in his hands.
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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.