DOLLAR EXCHANGE
NAZI TRICK TO OBTAIN IT Rec 9 am. WASHINGTON, Oct 3 Mr. Julius C. Martin, chief of the Justice Department's Bureau of Economic Warfare, recently told a Senate sub-committee that the German Government, when hard pressed for foreign ?£fc_?n',i 0# am f d from 20,000,000 to 35,000,000 dollars from the United States before Pearl Harbour through a secret agreement with five American banks for the sale of blocked German marks to Nazi sympathisers: The banks received 7 per cent commission on sales deductible from the moneys paid by the applicants, he said. Three of the banks were headed by members of the Nazi Party. Mr. Martin said the agreement, which was arranged by the German Ministry of Economics, was ostensibly designed to repatriate German nationals and' sympathisers to Germany, but the principal purpose was to acquire much-needed foreign exchange.
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Evening Post, Volume CXXXVIII, Issue 82, 4 October 1944, Page 6
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141DOLLAR EXCHANGE Evening Post, Volume CXXXVIII, Issue 82, 4 October 1944, Page 6
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