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OCR Page 1 of 2DEPARTMENT
INCOMING
DIVISION OF
OF
DECLASSIFIED
CENTRAL SERVICES
STATE
E.O. 11652, Sec. 3(E) and 5(D) or (E)
TELEGRAM
TELEGRAPH SECTION
Dept. of State letter, Aug. 10, 1972
By NLT-LL NARS Date 7-23-25
DSH-31
Moscow via War
This telegram must be
closely paraphrased be-
Dated June 30, 1945
fore being ommunicated
to anyone. (SCORET)
REC'd 1:20 p.m., July lst
Secretary of State
Washington
2357, June 30, Midnight
FROM PAULEY FOR SECRETARY OF STATE
One. The Russian reparation plan includes transfers
of shares of GErman corporations as indicated in Crimea
protocol.
Two. WE propos E to oppos E such transfers on following
grounds : (A) Value of shares will be limited by Economic
s ecurity program. MorEOVER acceptance of shares may
furnish an incentive for maintaining facilities useful
for war and for rebuilding.
GErman industry generally. (B) Ownership of GErman
corporations through share holdings is unnecessary for
full collection of reparations in kind. Full control
over GErman Economy will be by occupying pow ers
during reparation period and during such period no addi-
tional benefits could be secured from dividends on shares
since annual reparation in kind presumably will be Exacted
up to the
: ARCHIVES AN SERVICE" WECOROS NATIONAL
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