FRANKFURTER ZEITUNG, 17 November 1938
Speech by Funk in Berlin on 15 November 1938.
The state and the economy constitute a unity. They must be directed according to the same principles. The best proof thereof has been rendered by -the most recent development of the Jewish problem in Germany. One cannot exclude the Jews from the political life, but let them live and work in the economic sphere. The fact that the last violent explosion of the disgust of the German people, because of a criminal Jewish attack against the German people, took place at a time when we were standing just before the termination of the economic measures for the
3545-PS
elimination of the Jews from the German economy—this fact is a result of the other fact that in the last years we had not handled this problem sufficiently early and consistently. In any event, the basis of a complete elimination of the Jews also from the economy had already been laid by the decrees of the Commissioner for the Four Year Plan, Field Marshal Goering who was the first to undertake the solution of this problem. In the meantime, by means of Aryanization performed under governmental supervision, the Jews had already been excluded completely from the stock exchanges and the banks and almost completely from the larger businesses and all important industrial enterprises. According to estimates, of the net property of approximately 7 billion marks, determined pursuant to the decree for the registration of Jewish property, 2 billion marks have already been transferred into German possession.
Extract from a speech on the exclusion of the Jews from Germany's economy, matching their exclusion from political life, and the Aryanization of Jewish property; with a certificate
Authors
Walther Funk (Reich Minister of Economics; Reichsbank; Central Planning Board)
Walter Funk
German economist, Nazi politician and convicted war criminal (1890-1960)

- Born: 1890-08-18 (Yasnaya Polyana)
- Died: 1960-05-31 (Düsseldorf)
- Country of citizenship: Germany
- Occupation: banker; economist; journalist; politician
- Member of political party: Nazi Party
- Participant in: International Military Tribunal (role: defendant)
- Position held: director (of: Bank for International Settlements, Reichsbank); member of the Reichstag of the Weimar Republic
- Employer: Bank for International Settlements; Reichsbank
Leo Loeb (US Chief of Counsel staff (1946))
Leo Loeb

- Additional details not yet available.
Date: 15 November 1938
Literal Title: Partial translation of speech by Funk in Berlin on 15 November 1938. "Frankfurter Zeitung", 17 November 1938
Defendants: Walther Funk, Hermann Wilhelm Goering
Total Pages: 2
Language of Text: English
Source of Text: Nazi conspiracy and aggression (Office of United States Chief of Counsel for Prosecution of Axis Criminality. Washington, D.C. : U.S. Government Printing Office, 1946.)
Evidence Code: PS-3545
Citations: IMT (page 2584), IMT (page 9044)
HLSL Item No.: 452835
Notes:Loeb's certificate (3 January 1946) stated that the text was a true copy of the original.
Trial Issues
Persecution of political, religious, and ethnic ("racial") groups (IMT, NM… Aryanization of property (IMT, NMT 5) Plundering of private property and occupied territories (inc. Reinhardt Ac…
Document Summary
PS-3545: Speech of Funk as printed in the Frankfuter Zeitung of 17 November 1938, containing statements on the solution of the Jewish problem; photostat
PS-3545: Statements by Funk in a speech, 15 November 1938: elimination of Jews from Germany’s economic life; confiscation of property belonging to Jews