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The Transfer Agreement - Wikipedia, the free encyclopediaThe Transfer Agreement: The Dramatic Story of the Pact Between the Third Reich and Jewish Palestine is a book written by author Edwin Black, documenting the agreement between Zionist Jews and Adolf Hitler to help create a Jewish state in Palestine, in return for an end of a global boycott of Nazi Germany that had threatened to bring it down in its first days of power.
Transfer Agreement - Home Page
Could We Have Stopped Hitler?On August 7, 1933, an official delegation of four German and Palestinian Zionists and one independent Palestinian Jewish businessman were ushered into a conference room at the Economics Ministry in Berlin. The Jewish negotiators were greeted courteously by Hans Hartenstein, director of the German Foreign Currency Control Office. They talked for some time about investment, emigration, and public opinion, but the underlying theme was the boycott. The Nazis wanted to know how far the Zionists were willing to go in subverting the boycott. The Zionists wanted to know how far the Reich was willing to go in allowing them to rescue German Jews.
Hartenstein was about to call the inconclusive meeting to a close when a messenger arrived with a telegram from German Consul Heinrich Wolff in Tel Aviv, who advised Hartenstein that concluding a deal with the Zionist delegation was the best way to break the crippling boycott. Hartenstein complied, and the Transfer Agreement was born.
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Three days later, the Reich Economics Ministry issued the pact as Decree 54/33.
The Transfer Agreement permitted Jews to leave Germany and take some of their assets in the form of new German goods, which the Zionist movement would then sell in Palestine and eventually throughout much of the world. The German goods were purchased with frozen Jewish assets held in Germany. When the merchandise was sold, the sale proceeds were given to the emigrants, minus a commission for administration and a portion reserved for Zionist state-building projects, such as industrial infrastructure and land purchase.