740.00119 E.W./11–2345: Telegram

The Ambassador in France (Caffery) to the Secretary of State

6754. From Angell No. 73.44

“German external assets. The Paris Conference on reparation recommends: [Page 1405]

1.
That German external assets be regarded as a source of reparation;
2.
That each United Nation represented at the Conference under such procedures as it may choose charge all German external assets within its jurisdiction against its reparation share and hold or dispose of such assets in manners designed to preclude their return to German ownership or control;
3.
That the war related claims of United Nations not represented at the Conference (other than the USSE and Poland) be met exclusively out of German external assets within their respective jurisdictions and that such nations be urged to make any excesses of German external assets over their claims available for the relief and rehabilitation of war devastated countries;
4.
That German external assets in those countries which remained neutral in the war against Germany be removed from German ownership or control and liquidated or disposed of in accordance with the authority of the powers occupying Germany and the net proceeds of liquidation or disposition made available to the Inter-Allied Separation Agency for distribution on reparation account; and
5.
That the countries which remained neutral in the war against Germany be prevailed upon by all available and suitable means to recognize the reasons of justice and of high international security policy which motivate the powers occupying Germany in their efforts to extirpate the German holdings in the neutral countries which were so useful to Germany in preparing for and waging this war and so detrimental in both World Wars to the Allies opposing Germany.”

Caffery
  1. According to telegram 6753, November 23, 1 p.m., from Paris, this telegram and the three telegrams immediately following (Nos. 6754–6757, Angell’s Nos. 73–76) transmitted certain United States draft recommendations for the Final Act of the Conference (740.00119 EW/11–2345).