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...The
liquidation of the immigrants businesses and realization of
their capital. Currency and transfer regulations make it
very difficult for the immigrants to realize their capital in
order to invest in Palestine. I believe that this problem will
not find its solution without negotiations and an agreement
with the German Government. Such negotiations would no
doubt enjoy the support of the public in various countries,
and a solution must be found based on concessions and
advantages for both sides. It may be necessary to increase
German exports to Palestine or to establish a guarantor
company to insure the liquidation of immigrants businesses
over a long period. This matter requires study, effort and
speedy attention....
Haolam,
No. 28, June 22, 1933. |