WORK CONCLUDED
GERMAN WAR BUREAU HAMBURG, May 20. The Reich’s office for the compensation of losses of German private individuals and private firms caused by enemy action during and after the war closed its work on March 31, leaving another governmental bureau to liquidate a number of unfinished cases. President Dr. Karpinski states that 359,500 cases of damagesw e/e under consideration. In 240 000 cases claims amounted to less than 2000 marks while in 880 cases the loss was over 1,000,000 The United States lias set an example by returning enemy privaee property but since many other formerly hostile countries have not restored or compensated for private property confiscated during the war, the German Government has partially compensated its nations. Total claims for damages considered amounted to about 11,000,000,000 marks and compensation granted amounted to 2,285,000,000. Claims for small amounts were settled by cash payment, but larger claims were compensated by giving the claimants an interest bearing credit entry in the Reich’s records (Reichsculdbucheintargungen).
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Bibliographic details
Wanganui Chronicle, Volume 73, Issue 314, 11 July 1930, Page 8
Word Count
164WORK CONCLUDED Wanganui Chronicle, Volume 73, Issue 314, 11 July 1930, Page 8
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