The Institute moved its endowment and library abroad well before the Nazi takeover
Evidence
The director of the Institute acquired an apartment in Geneva at once. From 1931 onwards, the Institute’s directors withdrew its endowment capital from Germany and invested it in the Netherlands. `At the Deutsche Bank in Frankfurt we kept only a letter of credit that barely covered the Institute’s monthly requirements.’ The rights of ownership in the Institute’s library were transferred first to the Society for Sociological Studies in Zurich, a subsidiary of the Institute, and then at the end of 1932 or the beginning of 1933 to the London School of Economics. — Rolf Wiggershaus, The Frankfurt School, 452
Categorization
- XREF: Extends the ch9 claim that the decision to prepare for exile came immediately after the 1930 Nazi election — this shows how quickly it was executed. — connects to: The Institute quietly moved its endowment abroad before the Nazis took power — Martin Jay, The Dialectical Imagination: A History…, 149; The Institute moved its assets abroad well before the Nazi seizure of power — Rolf Wiggershaus, The Frankfurt School: Its History,…, 452; Horkheimer attempted to portray the Institute as politically neutral after the Nazi seizure — Rolf Wiggershaus, The Frankfurt School: Its History,…, 525 (+3 more)
Broader Connections
- The Institute quietly moved its endowment abroad before the Nazis took power
#corroborates(1.00) — Martin Jay, The Dialectical Imagination, 149 - The Institute moved its assets abroad well before the Nazi seizure of power
#corroborates(1.00) — Rolf Wiggershaus, The Frankfurt School, 452 - The Institute’s financial independence freed radical scholarship from the rigid German academy
#expands(0.80) — Martin Jay, The Dialectical Imagination, 100 - Horkheimer attempted to portray the Institute as politically neutral after the Nazi seizure
#complicates(0.75) — Rolf Wiggershaus, The Frankfurt School, 525