Pauley Files

No. 987
United States Delegation Working Paper 1

Memorandum on German External Assets

The United States believes it important that immediate action be taken to obtain control and the power of disposition over German external assets, particularly in neutral countries. This is necessary not only from the standpoint of security but also to preserve such assets for Allied objectives.

It is therefore urged that an appropriate declaration be issued by the United States, United Kingdom and Soviet Union, and if possible France, assuming jurisdiction over such assets.

It is recommended that this matter be referred to the Economic Subcommittee for immediate attention.

  1. Authorship not indicated.↩