The transfer agreement between Palestine and Germany is defended in a statement issued today by the Zionist Executive, which declares that it represents the only method by which a maximum of Jewish capital can be transferred from Germany to Palestine.
The statement points out that Germany does not profit from the arrangement since the capital realized from the sale of German goods in Palestine does not return to Germany. It also emphasiz-
es that in accordance with the decision of the 19th World Zionist Congress at Lucerne the Zionist Executive now closely supervises operations of Haavara, Palestine trustee office for the execution of the agreement.
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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.