GÖRING: “. . . then I ask that they be so directed that we do not cut our own throats. For it is absurd to empty and set fire to a Jewish store, when a German insurance company has to cover the damage, and the goods which I sorely need are burned. I might as well take and burn the raw materials when they come in.”

MR. JUSTICE JACKSON: That is right. You read any part of it that you want to as we go along, in addition to what I read.

“I am not going to tolerate a situation in which the German insurance companies are the ones to suffer. To prevent this, I will use my authority and issue a decree. In this, of course, I ask for the support of the competent government agencies, so that everything shall be settled properly and the insurance companies will not be the ones who suffer.

“But another problem immediately emerges: It may be that these insurance companies have re-insurance in foreign countries. If there are such re-insurances, I would not want to give them up, because they bring in foreign exchange. The matter must be looked into. For that reason, I have asked Mr. Hilgard from the insurance company to attend, since he is best qualified to tell us to what extent the insurance companies are covered by re-insurance against such damage. I would not want to give this up under any circumstances.”

Is that correct?

GÖRING: That is absolutely correct.

MR. JUSTICE JACKSON: “I do not want to leave any doubt, gentlemen, as to the purpose of today’s meeting. We have not come together merely to talk again, but to make decisions; and I earnestly ask the competent departments to take trenchant measures for the Aryanizing of German economy and to submit them to me as far as is necessary.”

GÖRING: That is correct.

MR. JUSTICE JACKSON: I then skip a considerable portion, unless there is more that you wish to put in, and come to this statement:

“The State Trustee will estimate the value of the business and decide what amount the Jew shall receive. Naturally, this amount is to be fixed as low as possible. The State Trustee will then transfer the business to Aryan ownership. The aim is thus accomplished, inasmuch as the business is transferred to the right ownership and its goodwill and balance sheet remain unimpaired.