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Concerns the plan of action in support of cessation of ORT activities in the USSR. The letter analyses how much the Central Board might be able to withdraw from its bank accounts in rubles in the Soviet Union. The letter relays KOMZET's view that the exchange rate is to be equal to that of the day of deposit, which would mean the total resulting sum of $140,602 (instead of $325,000). According to the ORT-USSR agreement, ORT has the right to move out of the Soviet Union no more than 50% of the total cost of materials brought into the country. Total cost of $70,000 would thus be halved to $35,000. In light of debts incurred by ORT, it can expect no more than $40,000-$50,000. ORT USSR is asking to consider leaving this remaining sum to be used in the Jewish Autonomous Region or other resettlement areas. J. S. Tsegelnitski "is not involved in this work, so [Central Executive] is asked to provide power of attorney to one of the employees of the Moscow branch or regional branches". All ORT's activities are to cease by the agreement's expiration date, even those in support of liquidation.

Creator:ORT USSR
Extent:2 pages
Date:Friday, April 22, 1938
Language:Russian
Location:Moscow, Russia