boomerang effect the trade ban is having on this country.
“It is absurd to complain that America does not sell to Germany when such sales are hedged about with restrictions that seal the German market, when an embargo has been declared that blocks payment and debt service, and when Germany has demonstrated herself a poor credit risk by out-and-out repudiation of obligations,” Mr. Harriman points out.
BOYCOTT AID TO U. S. INDUSTRY
“Far from being illegal, as Dr. Deneger charges, the use of the boycott is specifically sanctioned by the League of Nations, and is the chief means of enforcement of the NRA contemplated by the American government.”
Taking up Dr. Degener’s allegation that the boycott has been injurious to all classes of American working men, Mr. Harriman continues:
“The boycott has been a stimulus to American industry. Our own organization has had a part in the creation domestically of many items formerly imported from Germany. They are now made here and provide work for thousands.”
Dr. Degener in his statement accused the Anti-Nazi League of omitting figures for the second half of 1934, which he said would disclose “the catastrophic and deplorable shrinkage in American exports to Germany. Mr. Harriman’s answer to this follows:
ANSWERS DEGENER
“These figures were not available at the time our survey was made. Yesterday they were made public in The New York Times in a signed article from Berlin by Mr. Otto D. Tolischus. Now for the first time the figures have been made public and they only serve to reinforce our contention and even increase the estimate we made in our survey of the effectiveness of the boycott.”
In conclusion the anti-Nazi league secretary says:
“Samuel Untermyer, president of the … League and of the World Council, supplied the German government with a list of the requirements that will have to be met before the civilized world will suspend the anti-Nazi boycott. Perhaps the time is not far off when instead of squealing that the boycott pinches, the Hitler regime will consider the wisdom of restoring the forfeited human liberties which have provoked such measures.”
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.
