What was the ransfer agreement?
An international boycott of German goods organized by some American Jews cut Germany’s foreign exchange. It also cut the value of German currency outside the country. The Nazis wanted Germany’s Jews to emigrate, but it was difficult for them to do so for several reasons. One of the most prominent reasons was they did not want to leave all their assets behind when they left the country. The transfer agreement was made between Nazi Germany and the Zionist leadership in British-controlled Palestine by which German goods would be purchased in Germany using the assets of the Jews wishing to emigrate to Palestine. The German goods would be shipped to Palestine with the emigrating Jews. The goods would then be sold in Palestine and the proceeds would go to the émigré’s. About 50,000 Jews are said to have taken advantage of the program which was implemented by the German government, the Zionist leadership and several Jewish financial institutions inside and outside of Germany.
An international boycott of German goods organized by some American Jews cut Germany’s foreign exchange. It also cut the value of German currency outside the country. The Nazis wanted Germany’s Jews to emigrate, but it was difficult for them to do so for several reasons. One of the most prominent reasons was they did not want to leave all their assets behind when they left the country. The transfer agreement was made between Nazi Germany and the Zionist leadership in British-controlled Palestine by which German goods would be purchased in Germany using the assets of the Jews wishing to emigrate to Palestine. The German goods would be shipped to Palestine with the emigrating Jews. The goods would then be sold in Palestine and the proceeds would go to the émigré’s. About 50,000 Jews are said to have taken advantage of the program which was implemented by the German government, the Zionist leadership and several Jewish financial institutions inside and outside of Germany.
An international boycott of German goods organized by some American Jews cut Germany’s foreign exchange. It also cut the value of German currency outside the country. The Nazis wanted Germany’s Jews to emigrate, but it was difficult for them to do so for several reasons. One of the most prominent reasons was they did not want to leave all their assets behind when they left the country. The transfer agreement was made between Nazi Germany and the Zionist leadership in British-controlled Palestine by which German goods would be purchased in Germany using the assets of the Jews wishing to emigrate to Palestine. The German goods would be shipped to Palestine with the emigrating Jews. The goods would then be sold in Palestine and the proceeds would go to the émigré’s. About 50,000 Jews are said to have taken advantage of the program which was implemented by the German government, the Zionist leadership and several Jewish financial institutions inside and outside of Germany.
An international boycott of German goods organized by some American Jews cut Germany’s foreign exchange. It also cut the value of German currency outside the country. The Nazis wanted Germany’s Jews to emigrate, but it was difficult for them to do so for several reasons. One of the most prominent reasons was they did not want to leave all their assets behind when they left the country. The transfer agreement was made between Nazi Germany and the Zionist leadership in British-controlled Palestine by which German goods would be purchased in Germany using the assets of the Jews wishing to emigrate to Palestine. The German goods would be shipped to Palestine with the emigrating Jews. The goods would then be sold in Palestine and the proceeds would go to the émigré’s. About 50,000 Jews are said to have taken advantage of the program which was implemented by the German government, the Zionist leadership and several Jewish financial institutions inside and outside of Germany. One of the most
