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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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Funk: In every single store everything is there.

Schmer: Everything is there, except that we have no control anymore over this business with the trustees. I personally am of the opinion that we don’t need it at all; so far we have managed quite well with the aryanization. For those few stores that are to be kept open, we shall easily find buyers. All other rooms shall be rented without much ado. There is a great need for this right here in Berlin.

Goering: But my dear friend, that way the Jew will receive the full amount.

Schmer: He will receive the amount that is far below the value, and the aryanizing shall have to be authorized, as before.

Goering: The Jew will receive the amount and won’t be put into the account book.

Schmer: No. We can arrange that later. He cannot swallow the money. The amount is fixed, and under the law the Jew is compelled to report every change in his financial status, so that it can easily be controlled. He won’t run away; we’ll keep it in the Reich. The only thing you’d have to do is to issue a decree, or to transfer the provisions of Article 7 on to the Ministry for Economic Affairs in order to confiscate the Jewish property. He cannot run away from us.

Goering: Mr. Schmer, could not the following be done: Somebody will become aryanized and get 300,000 marks into his hands. He runs into the next best jewelry store around the corner and buys one piece of jewelry after another, and on the same day disappears across the border.

Schmer: In that case, we’ll have to report this change in his property.

Goering: But if he wants to scram!

Fischboeck: The OK on the aryanizing is not being given the minute the price for the purchase is being paid. We do that the following way. The aryanizing is being authorized only under the condition that the price for the purchase is to be paid in installments lasting over a long period of time, in case the buyer is unable to pay; or, in case payment is being made, that the amount is to be put in the bank of a frozen account.

Goering: We could do the same thing here.

Schmer: In the provisions for the execution of the law we may stipulate that from a certain level on, payment shall have to be made in bonds of the Reich or something similar. That would have to be a decree made to the authorities which OK the aryanizing.

Daluege: The number of Jewish stores is unknown. Until yesterday, 7,500 were reported to us and the number does not increase.

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