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Stenographic Report of a Portion of the Interministerial Meeting at the Reich Aviation Ministry [Reichsluftfahrtministerium] (November 12, 1938)

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Daluegue: One more question ought to be cleared up. Most of the goods in the stores were not the property of the owner but were kept on the books of other firms, which had delivered them. Then there are the unpaid for deliveries by other firms, which definitely are not all Jewish but Aryan, those goods that were delivered on the basis of commission.

Hilgard: We’ll have to pay for them, too.

Goering: I wished you had killed 200 Jews, and not destroyed such values.

Heydrich: There were 35 killed.

Kerl: I think we could do the following: Jews we don’t pay anyhow. As for Aryans, payment shall have to be made. The insurance company may contact us through the “Reichsgruppe” and we shall investigate each case. I am thinking of the small reciprocity companies; it should be easy to find out whether they are capable of paying or not. In their cases, the amounts involved are not too large. We may find an arrangement for this later on; I am thinking of one in which the insurance companies arrange for recompensation exclusively to Aryan, and once they know the result of their inquiries, contact us. We shall then find a way out for these small companies. Of course only in cases where it is absolutely necessary.

Funk: That is not necessary. I’d like to refer to what I’ve said before about the decree. That seems to be the easiest solution.

Goering: We cannot do that. These people make a point of their ability to pay.

Funk: If the Jews pay for it, the insurance companies don’t have to pay.

Goering: Right, well, gentlemen, this is all very clear. We’ll stick to it. At this moment every insurance company, except Mr. Hilgard who is here, counts on having to pay for the damage. They want to pay too, and I understand this very well. They’ll have to want that, so they cannot be reproached for not being secure enough to pay. The glass insurance, and a point was made of that, has brought the highest profits so far. That means they’d have enough surplus money, and if they haven’t divided it all up in dividends, they’ll have savings enough for the compensation. Such an insurance company will have to be in a position to pay for a damage of 10, 12, 15 million, that is three times the amount paid in the normal year. If they are unable to do that, then we’ll have to wonder whether we should let small companies live at all. It would be insane to keep insurance companies which would be unable to pay for such a damage. To permit an insurance company like that to exist would simply mean to cheat the people.

I suggest now the following. The damage shall be determined in each case. And for the time being, the insurance companies shall have to honor their contracts in every respect and shall have to pay.

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