SECURITIES OF THE COMPANY

What assurance will the Company offer that the abandonment of

countries will not cause their impoverishment and produce economic

crises?

I have already mentioned that honest Anti-Semites, whilst preserving

their independence, will combine with our officials in controlling the

transfer of our estates.

But the State revenues might suffer by the loss of a body of

taxpayers, who, though little appreciated as citizens, are highly

valued in finance. The State should, therefore, receive compensation

for this loss. This we offer indirectly by leaving in the country

businesses which we have built up by means of Jewish acumen and Jewish

industry, by letting our Christian fellow-citizens move into our

evacuated positions, and by this facilitating the rise of numbers of

people to greater prosperity so peaceably and in so unparallelled a

manner. The French Revolution had a somewhat similar result, on a

small scale, but it was brought about by bloodshed on the guillotine

in every province of France, and on the battlefields of Europe.

Moreover, inherited and acquired rights were destroyed, and only

cunning buyers enriched themselves by the purchase of State

properties.

The Jewish Company will offer to the States that come within its

sphere of activity direct as well as indirect advantages. It will give

Governments the first offer of abandoned Jewish property, and allow

buyers most favorable conditions. Governments, again, will be able to

make use of this friendly appropriation of land for the purpose of

certain social improvements.

The Jewish Company will give every assistance to Governments and

Parliaments in their efforts to direct the inner migration of

Christian citizens.

The Jewish Company will also pay heavy taxes. Its central office will

be in London, so as to be under the legal protection of a power which

is not at present Anti-Semitic. But the Company, if it is supported

officially and semi-officially, will everywhere provide a broad basis

of taxation. To this end, it will establish taxable branch offices

everywhere. Further, it will pay double duties on the two-fold

transfer of goods which it accomplishes. Even in transactions where

the Company is really nothing more than a real estate agency, it will

temporarily appear as a purchaser, and will be set down as the

momentary possessor in the register of landed property.

These are, of course, purely calculable matters. It will have to be

considered and decided in each place how far the Company can go

without running any risks of failure. And the Company itself will

confer freely with Finance Ministers on the various points at issue.

Ministers will recognize the friendly spirit of our enterprise, and

will consequently offer every facility in their power necessary for

the successful achievement of the great undertaking.

Further and direct profit will accrue to Governments from the

transport of passengers and goods, and where railways are State

property the returns will be immediately recognizable. Where they are

held by private companies, the Jewish Company will receive favorable

terms for transport, in the same way as does every transmitter of

goods on a large scale. Freight and carriage must be made as cheap as

possible for our people, because every traveller will pay his own

expenses. The middle classes will travel with Cook's tickets, the

poorer classes in emigrant trains. The Company might make a good deal

by reductions on passengers and goods; but here, as elsewhere, it must

adhere to its principle of not trying to raise its receipts to a

greater sum than will cover its working expenses.

In many places Jews have control of the transport; and the transport

businesses will be the first needed by the Company and the first to be

liquidated by it. The original owners of these concerns will either

enter the Company's service, or establish themselves independently

"over there." The new arrivals will certainly require their

assistance, and theirs being a paying profession, which they may and

indeed must exercise there to earn a living, numbers of these

enterprising spirits will depart. It is unnecessary to describe all

the business details of this monster expedition. They must be

judiciously evolved out of the original plan by many able men, who

must apply their minds to achieving the best system.

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