The Waterbury Democrat., 1938-12-13
GERMAN PAPER IS. CONTRADICTED.
Wrong Story Published in Regard to Opening of
 Jewish Shops
By EDWARD ". BEATTIE, JR. Limited Press Stan Correspondent

64rllu, OSC. IO.-NOGl-A ASN nouncement of Jewish shops by the newspaper Angriff, organ of the Naxi labor front, brought an off, cial contradiction from the govern ment today as Dr. Hjalmar Schacht, Germanys leading financial author ity, prepared to go to London to negotiate on Jewish emigration.
 The Angriff yesterday denounced as a Jewish trick" the reopening of Jewish shops, which, according to the newspaper, was effected by the pretext that they were in proc ess of organization. The news paper urged people not to patronize these shops, asserting that the profits went to the Jewish owners.
 Contradict Angriff
 Today'S newspapers published an official announcement contradicting the Angriff article. This announce ment said that shops in whose win- dows were posted signs announcing that they were in process of "aryan- ization" actually were undergoing change of ownership and that pro- ceedS of sales went to an "aryan" trustee pending completion of sale.
 The announcement further states that Jewish shops which remained opened either were owned by for eign Jews or had received specific permission from the economics min- iStry to reopen.
 The official repudiation of the ar ticle was read with interest par ticularly in view of the announce ment that Schacht would go to Lon don. According to the announce ment, the visit is a private one. But in well informed quarters it was said that he would discuss facilities for transferring the remnants of Jew Sh fortunes abroad.
 German Emigration Plan
 schacht has already opened ne- gotiationS with the Bank for Inter national Settlements at Basic, Swift zerland, outlining a German plan for Jewish emigration.
 He intends to go to Basic to dis cuss the problem at a meeting of the bank directorate tomorrow and Thursday, it was said, and then continue on to London.
 Schachts plan involved the pos Sibility that Jews may transfer 15 per cent of their German capital abroad at rates higher than those to be obtained in present interna- tional transfer operations, it was un- derstood, provided that foreign gov ernments would agree to increase their purchases of German goods by tho amount of Jewish capital taken from the country.
 No Actual Cash Goes Out
 The Jews would take no actual cash from the country. They would be given special government cer- tiacates to sell abroad to those agencies of foreign governments which handled the additional pur- chases of German goods.
 Of possible significance also was an article today in the Jewish Gazette. organ of the Jewish com mmity which is issued subject to of- ficial approval.
 The Gazette said that German Jews were disappointed at the lack of ready assistance by Jews in other countries and it suggested that Jews abroad subscribe to big loan as the best means of solving the emigration problem.
 "Instead of supporting individual emigrantS-which is ineffective in the long run-attempts should be made to subscribe to a big loan strong enough to enable German Jewish emigrantS to found new ex- istenceS abroad" suggested the newspaper.
 Loan Not Lost
 @The loan would not be lost. It could be extended free of interest to Jewish emigrants and they could repay it from the proceeds of their laborS.
 "Jewries in the United States and other countries to be able to make such really constructive contribu- tion toward solution of the emil grant problem which would elim- mate financial difficulties at one stroke"
 The raising of a loan, the Gazette said, would dispel 8 feeling among German Jews that the world is ready to talk but not to render practical help.
 Jew Businesses Disappearing
 As regards organization" of Jew ish businesses, it was estimated to- day that between one-third and onehalf of them had disappeared. More than one-fourth of the ap- proximately 1000 applications for organization" have been refused by the chamber of industry on the ground that they are incapable of surviving. Hence these businesses simply cease to exist. Further, many Jews have abandoned their businesses without even seeking to "aryanize" them and thus extract something of their investments.
 The reason for the deliberate re- AASVAOA4 III SAAC 41NAA1Ue2 O1 UtLS1lCSSSS of all kinds was believed to be due to desire by the Nazis to increase efficiency and reduce waste in the national economy by increasing the size of individual businesses and eliminating costly competition.
 Anti-Jewish Campaigns
 Anti-Jewish campaigns continued in central and eastern Europe.
 It was reported in reliable quar- terS at Prague that the autonomous Slovak government intended to is- sue Q decree forbidding Jews to sell alcoholic beverages and to partici- pate in the Christmas shopping market or to manufacture Christ mas articles.
 Throughout CzechoSlovakia, it was added, there was in prospect a re- vision of citizenship papers granted since the institution of the Czecho- sl0vak Republic. Jews especially would be affected.
 Rumania continued "Rumani- ,ation" campaign which affected Jews primarily though it extended "A