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Yehuda Bauer: My Brother's Keeper

A History of the American Jewish Joint Distribution Committee 1929-1939

[Holocaust preparations in Europe and resistance without solution of the situation]

The Jewish Publication Society of America, Philadelphia 1974

Transcription with subtitles by Michael Palomino (2007)



Chapter 2. Agro-Joint [work in Russia 1919-1938]

[2.9. Liquidation of COMZET 1938 - end of the Agro-Joint in Russia 1938]

[Since 1936: Rosen wants to leave Russia - bring out the assets - liquidation of COMZET - end of Agro-Joint in Russia 1938]

With the failure of the Biro-Bidjan immigration scheme in 1936, Rosen realized that the time had come to get out of Russia, although Warburg was still loath to accept that conclusion. On February 15, 1938, Hyman finally accepted the idea and proposed the termination of operations.

(End note 52: AJ 22)

The assets still in Russia had to be disposed of and a settlement reached regarding the $ 5,353,000 in (p.97)

bonds still held. Finally, an agreement was reached in July 1938. COMZET had been liquidated in June because the Soviet government "considered the Jewish problem in the Soviet Union solved."

The financial settlement involved the cancellation of the bonds and their transformation into $ 2,430,000 in new Soviet bonds that were finally redeemed, with interest, by 1940. The remaining Agro-Joint assets were handed over to the Russians in return for the promise that they would be used largely for the benefit of Jews. And finally, "all the files, documents, and correspondence connected with the activities of the society and the Agro-Joint in the USSR and kept in the USSR are to be transferred to the government." Rosen left Russia for the last time in the summer of 1938, and the Agro-Joint Russian venture came to an end.