Report to the ... Zionist Congress and to the Council of the Jewish Agency in ... · 1937-08-01 · 8.1937 · p. Seite 36

— 36 — This extension of the activities of the Haavara is in accordance with the following decision of the 19th Zionist Congress: The Haavara will confine its activities to Palestine, with the exception of special nrgend cases, in which the Executive is entitled to consider the matter afresh. — This case of emergency mentioned in the above decision was now considered to be given, and the Executive permitted the Haavara a limited range of activities in the Middle East. 2. Furtheron the Haavara introduced the granting of second mortgages for building schemes in Palestine and permitted the transferors to place their German accounts at the disposal of such people in Palestine as intended to build houses. The sums are used by the contractors or importers for the buying of material. This new activity of the Haavara, which is commonly called "building transfer" resulted in second mortgages to the amount of altogether about LP.205.000 being given by transferors. Thus not only could the transfer be increased by the opening out of a new sphere of action, but a stimulus was also given to the building trade in Palestine which just now is very much dependent on easy terms of credit. (h) In 1937 the transfer also met with an extension on principle, when the so-called "Support Mark" was drawn into its scope. German "standsbill-creditors," after having been thoroughly informed about the facts by the Haavara in. negotiations carried on in London and in Berlin, consented that Haavara-Mark might be used instead of the hitherto used Registered Mark for support given by foreign Jews or Jewish institutions to Jews in Germany. The permit given to the Haavara on account of this agreement creates the possibility considerably to increase the transfer independantly of the traffic of goods. If the activities of the Haavara axe to be devided into two large sections, i.e. the period until the 19th Zionist Congress and the period after the 19th Congress (or more accurately, until August 1st, 1935, and after August 1st, 1935), the following summary may be given :