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No. 847
The Director of the Office of Financial and Development Policy ( Collado ) and the Chief of the Division of Economic Security Controls ( Rubin ) to the Acting Chief of the Division of Economic Security Controls ( Oliver )1
secret

Victory 479. To Acting Secretary of State for Oliver from Collado and Rubin. Repeated to AmEmbassy Moscow.

For your information memo has been delivered to Molotov with copy to Bevin stating our feeling that all Rumanian, Bulgarian and Hungarian assets in neutral countries should be blocked, on grounds that otherwise blocking of private assets is ineffective, that licenses issued to authorized representative can permit approved governments to use their foreign funds, and that complete census (and blocking) is necessary to uncover German assets.

  1. Sent to the Acting Secretary of State over the signature of Byrnes.