The city without Jews : $b A novel of our timeBettauer, Hugo
General
The city without Jews : $b A novel of our time
Bettauer, Hugo
Antisemitism -- Austria -- Fiction; Jews -- Austria -- Fiction
The next day the cabinet decision was published, and quiet was
restored; but the day after the krone suffered a thirty per cent fall
on the Zurich exchange. And the _Neue Zuricher Zeitung_ printed an
article which proved statistically that slowly but surely Vienna was
forfeiting all significance in Central-European trade, and losing in
its competition with Prague and Budapest.
“The business men of Hungary were as crafty as those of Prague.
They received with open arms certain classes of decent Viennese
Jews, who brought trade with them. Besides, the buyers of the world,
being mostly Jews, cannot go to Vienna any more, and therefore go to
Prague, Brünn, Budapest, and, particularly, Berlin; the Christian
buyers follow their example, so that the Austrian manufacturers
of finished products such as fancy leather goods, shoes, pottery,
and the like, must travel abroad with their sample trunks instead
of receiving their customers at home. In short, no business worth
mentioning is carried on in Vienna, in spite of the unprecedented
low status of the krone. This has of course put an end to foreign
exchange speculation in Vienna--but, it seems, at the expense of the
Austrian organism. Instead of accomplishing a great work with his
law, the gifted Chancellor, Dr. Schwertfeger, seems to have started
something he cannot finish.”
As if in substantiation of the truth of this article the banking world
of Vienna became completely disorganized. The hopes of the foreign
syndicates that had taken over the great Viennese banks met with bitter
disappointment. Their turnover grew less and less, and the departure
of the Jews had also caused a considerable decrease in activity on the
stock exchange. To avoid a deficit, therefore, the banks were forced
to give up one after the other of the thousands of branches with which
Vienna was dotted. The bank clerks’ organization protested in vain
against this deprivation of some of its members of their livelihood.
Then the banks claimed the protection of their embassies, and there
was some painful diplomatic intervention that resulted in the Austrian
government being forced to take into its service the unemployed bank
clerks, when it really needed to diminish its own staff. And the krone
fell to the thousandth part of a centime.
CHAPTER V.
HENRY DUFRESNE
Public-domain text, read in full here on John Shaqi.
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