As we've said repeatedly, there are only three methods a government and its bankers acquire their gold from its subjects:
2. CONFISCATION (FDR, Hitler, etc.)
3. COUNTERFEIT SUBSTITUTES (irredeemable debt notes )
~~ Source links to start your journey at end of post
Searching for Records Relating to Nazi Gold - Part I
By Greg Bradsher
Assistant Chief, Archives II Textual Reference Branch
, May 1997
The Allies, at a reparation conference held in Paris late in 1945, established procedures for the restitution of the gold looted by the Nazis from the central banks of Europe (so-called "Monetary Gold"), as well as for the restitution of "Non-Monetary Gold" (e.g. gold watches and wedding bands). The procedures called for the non-monetary gold to be restituted to individuals and groups of individuals through the auspices of an international refugee organization.
The Tripartite Commission
The procedures called for monetary gold to be turned over to a newly established Tripartite Commission for the Restitution of Monetary Gold that would decide how much gold would be returned to each country that had its central bank gold looted. The so-called Tripartite Gold Commission, composed of American, British, and French representatives, restituted most of the gold in the 1950s after reviewing claims by various countries. The Commission still exists, headquartered in Brussels, Belgium. Its members are presently deciding how to allocate the remaining $60 million worth of gold (in today's dollars).
At the Paris Conference it was decided that the United States and Great Britain would take the lead in negotiating with the neutral countries for the return of Nazi looted gold.
Negotiations with the Swiss took place in the spring of 1946 in Washington, D.C. The resulting "Washington Accord" provided that the Swiss return gold only worth about $58 million. This gold was turned over to the Tripartite Gold Commission to be restituted to the countries with claims before the Commission.
The advent of the Cold War, the restitution of most of the monetary gold by the Tripartite Gold Commission in the 1950s, and other factors, resulted in diminishing interest in all the questions surrounding Nazi looted assets. There was, however, Jewish interest in dormant and closed bank accounts in Switzerland, but not enough to cause a groundswell of action. Nor was there much interest in the role played during the war by Switzerland and the other neutrals. For all intents and purposes the issues surrounding looted assets exited from center stage. [For 40 years there was not much interest in Nazi looted assets and almost no research...emphasis added]. Source: Searching for Records Relating to Nazi Gold: Part I [End Excerpt]
Related Official source:
|PreliminaryStudy on U.S. and Allied Efforts To Recover and Restore Gold andOther Assets Stolen or Hidden by Germany During World War II May 1997|