English Translation

28 page 5 on the report to the Reichsprotektor of 15.12.1939. finished. Already now we have with Mr. Reg. Rat Dr. Gottfried Hoffmann from the trade ministry contact. Furthermore, negotiations are ongoing with the Reich Postmini- sterivm. The Reichspostministerium wanted us to commission the construction of et- we l50 apartments in Preg. Since I did not dare to take on such an assignment with an illiquid cooperative, I proposed to the Reichspostministerium that the funds provided by the Ministry for the new building be paid as a second-digit mortgage on the non-end-financial new building of the cooperative, the so-called "Braunen Haus". The post office is ready to provide a total of 450,000.-- NM for the first time for loo housing, which is available in Leufe in the coming year, per apartment 4,500.- RM, at a low interest rate. The documents are checked by the local department of the Reichspostdirektion for about two weeks. At the beginning of the next week, an expert post office from Kadsbad wants to come to Prague to check the documents on the basis of Baulichkeiton. So far, there is no evidence that dioser credit of 450.Oo0.-- Rl will not be dissipated by the start of January at the latest. F I am currently working on the release of Jewish funds. Only a small amount of the funds seized from Jewish territories is made available to the Jews concerned. According to my information, the funds are free of interest at the banks. These funds can be registered as a second-digit mortgage under certain conditions, provided that the owner of the property gives his permission to do so. As an incentive for this authorisation, the Minister of Commerce has authorised him to correct a certain rate of interest (2 - 3%) which is currently being discussed with the Ministry of Commerce. In summary, the following credit options are still open: rehabilitation by the Reichsarbeitesministerium; Reichswirtschaftshilfe; partialization by loans from the Reich Post; 2-digit mortgage from Jewish capital. I also point out that I have tried to reduce the interest rate of the mortgages given so far. With the first-digit mortgage for the "Brewne Haus* in Höhe von ll,000.000.-- Kronen, which was given by the "Victoria* insurance company, this was not possible to me despite the intervention of the Ministerial Councillor Riehle and the President of the Reichsverband of joint German housing companies in Berlin, Dr. Brecht. Because of the smaller mortgage amounts granted by the Böhm. Unionbank, I was successful in the sense that a rescheduling was promised by Mr. Director Pohle at the beginning of January. I would also like to mention the negotiations with the local social inisterium for a state guarantee. The negotiations were very long by the social minister .1.211