Article clipped from The Chronicle Telegram

Jews Seek To Appease Nazi Demands' BERLIN. Nov. 14 —lt;r.n—The stockmarket slumped sharply to-ij day as lenders of Germany's 700,-I 000 Jews frantically sought to ! satisfy increasing Nazi demands j designed to eliminate their participation in German life.Many stocks dropped here, four or more points, largely because of sales by panic-striken Jewish leaders who sought funds to repair damages—as ordered by the government—done in anii-scmitic rioting and to pay the $400,600.-000 mass fine ordered by the Nazis as a penalty for the murder of a German diplomat in Paris.Aryans added to the financial slump by seeking quick funds to take over businesses of prominent Jews who organized to finance the repairs and the fine.There wore almost no buying orders, indicating that business leaders generally looked unfavorably on the possible economic consequences of the government’s sweeping new anti-Jewish laws and further restrictions which have been promised.Nazis made a quick effort to limit the slump when the Reich private bankers organization instructed members not to accept orders from Jews for sale of securities and not to lower their price limits for orders from Jews. Jews.BERLIN, Nov. 14—(IJ.k)—Leaders of 700,000 German Jews sought frantically today to appease increasing Nazi demands.Faced with the appalling task of raising a $400,000,000 fine imposed by the government, a group of prominent Jews coeferred in Berlin throughout the night. Each one contributed to a fund to help Jewish shop keepers repair the«damage inflicted in Thursday’s rioting.The government began carrying cut new social restrictions on Jews today. The minister of education ordered universities to refuse Jews admission to lectures. A decree Saturday had closed theatres, movies, museums, dance recitals and lectures to Jews.Fines and decrees which scattered new refugees beyond the German border, sent others to concentration Camps, and promised to impoverish all Jews, were not at an end, they learned.“Jewish business will be transferred shortly into German hands,” Paul Joseph Goebbels, propaganda minister, announced at a Winter relief demonstration yesterday.He charged that German Jews were guilty of the murder in Paris of a German diplomatic official — which caused the current anti-semi-tic drive—and that the Jews were working throughout the world acainst Germany.
Newspaper Details

The Chronicle Telegram

Elyria, Ohio, US

Mon, Nov 14, 1938

Page 1

Full Page
Clipped by
Profile Icon
Maureen H.

FL, USA 25 May 2017

Other Publications Near Elyria, Ohio

Elyria Reporter

Elyria Evening Telegram

Elyria Chronicle

Elyria Lorain Constitutionalist

Elyria Constitutionalist