NO PROFITS MADE
POWERS SALE OF GERMAN GOODS SOVIET CHARGE REBUTTED (N.Z.P.A.— Reuter—Copyright.) (11 a.m.) LONDON. Dec. 14. The United States delegation to the Foreign Ministers’ conference issued a reply to M. Molotov’s statements at the conference that the Americans had acquired German business and properties and profited on the sale of German coal and lumber. The American reply said that the United States long ago proposed a moratorium on the acquisition by foreign ownership of German property. The proposal was not accepted but the United States had scrupulously carried out the principle in its own zone. United States interests had not acquired a single German business or property throughout the occupation. AH goods shipped from United States and British zones and all services provided for foreigners from German resources had been sold at world market prices. “Not one penny of the proceeds Is diverted to the use or advantage of occupying Powers. This includes coal and timber,” it added.
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Bibliographic details
Gisborne Herald, Volume LXXIV, Issue 22511, 15 December 1947, Page 5
Word Count
160NO PROFITS MADE Gisborne Herald, Volume LXXIV, Issue 22511, 15 December 1947, Page 5
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