File No. No. 837.2222/5
The Acting Secretary of State to the Minister in Cuba ( Gonzales)
Your July 13, 1 p.m. It is deemed highly advisable that the legislation similar to American Trading with Enemy Act should contain in it provisions: (1) that the transfer of physical assets of German properties to non-enemies be free from all enemy interests of any character and from all obligations or contracts to enemies: (2) that the proceeds of the sale of these physical assets of the German properties be held until the termination of the war, at which time their ultimate disposition shall then be determined upon.