863.00/1520: Telegram

The Ambassador in Germany (Wilson) to the Secretary of State

133. The following measures with respect to Austria were enacted in laws signed yesterday which go into force immediately.

1.
The Reichsmark is made legal tender in Austria beside the schilling at the rate of 1 mark equal 1.5 schillings.
2.
Reich Minister of Economics is authorized to amend all existing payment restrictions between Germany and Austria or to cancel them wholly or partially.
3.
Reich Minister of Finance is authorized to declare partially or entirely duty free goods of Austrian origin.
4.
The management of the Austrian National Bank is given over to the Reichsbank and the National Bank will be liquidated by the latter for the account of the Reich. The entire personnel of the Austrian National Bank is likewise taken over.
5.
The German railroads take over the Austrian Federal railroads both as to capital and operation.
Wilson