EXODUS PLAN

New Zealand Herald, Volume LXXVI, Issue 23274, 17 February 1939, Page 12

EXODUS PLAN

JEWS IN GERMANY

NAZIS' PROPOSALS

FIVE-YEAK EMIGRATION

CHEATING TRUST FEND

By Telegraph—Press Association —Copyright (Received February IG, 9.30 p.m.) Times Cable LONDON, Feb. 16 Germany's proposals for facilitating Jewish emigration appear to allow for an exodus spread over five ' years, if homes can' be found, in the hope of making a controlled and orderly emigration, says the Times. The memorandum which Mr. George Rublee, retiring chairman of the Inter - governmental Committee, brought from Berlin goes further than the' previous assurances. Germany is prepared to create a trust fund financed by a 25 per cent levy on the money of tho remaining German Jews, one trustee of which would lie a foreign banker. Emigrants would be assisted from tho trust fund, would be 'permitted to take some capital and goods, and would receive training in agriculture and handicrafts in y Germany. Admitting" that Jewish businesses have been taken over at a fraction of their value, Field Marshal Goering has '-decreed that the purchasers will be taxed 70 per cent of tho difference i ' between the purchase price and the real value, thus grabbing the profits for the State.