The non-transferable goods which come under consideration are
buildings, land, and local business connections. The Jewish Company
will at first take upon itself no more than the necessary negotiations
for effecting the sale of these goods. These Jewish sales will take
place freely and without any serious fall in prices. The Company's
branch establishments in various towns will become the central offices
for the sale of Jewish estates, and will charge only so much
commission on transactions as will ensure their financial stability.
The development of this movement may cause a considerable fall in the
prices of landed property, and may eventually make it impossible to
find a market for it. At this juncture the Company will enter upon
another branch of its functions. It will take over the management of
abandoned estates till such time as it can dispose of them to the
greatest advantage. It will collect house rents, let out land on
lease, and install business managers--these, on account of the
required supervision, being, if possible, tenants also. The Company
will endeavor everywhere to facilitate the acquisition of land by its
tenants, who are Christians. It will, indeed, gradually replace its
own officials in the European branches by Christian substitutes
(lawyers, etc.); and these are not by any means to become servants of
the Jews; they are intended to be free agents to the Christian
population, so that everything may be carried through in equity,
fairness and justice, and without imperilling the internal welfare of
the people.
At the same time the Company will sell estates, or, rather, exchange
them. For a house it will offer a house in the new country; and for
land, land in the new country; everything being, if possible,
transferred to the new soil in the same state as it was in the old.
And this transfer will be a great and recognized source of profit to
the Company. "Over there" the houses offered in exchange will be
newer, more beautiful, and more comfortably fitted, and the landed
estates of greater value than those abandoned; but they will cost the
Company comparatively little, because it will have bought the ground
very cheaply.