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The Influence of the SS on the Foreign Exchange Controls and the Despoliation of the German Jews, 1935-1941
Ralf Banken, University of Cologne
ABSTRACT: The law on Foreign Exchange Control, which had been passed as early as 1931 in
oder to fight the scarcity of foreign currency, was used to impede the transfer of
Jewish property abroad immediately after the Nazis came to power. However, only
from 1935 on, legislation on foreign currency aimed at the limitation of Jewish
property transfers. After Reinhard Heydrich, in his capacity as the head of the foreign
currency investigation office, intervened in the legislation from late 1936 on, the
foreign currency laws in very short time were expanded into an instrument of
discrimination for Jewish emigration. Even before the pogrom of November 1938, it
prevented nearly every transfer of property abroad if the owners were Jewish.
SUGGESTED CITATION: Ralf Banken,
"The Influence of the SS on the Foreign Exchange Controls and the Despoliation of the German Jews, 1935-1941"
(April 12, 2006).
Institute of European Studies.
Paper 060404.
http://repositories.cdlib.org/ies/060404
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