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FINANCE -4- are RERVICE on our part but that Greece owed a debt to Belgium, however, we had established credits to assist Grecian recovery and Socobel, the Belgian firm, had attached our funds. The Prime Minister stated that Socobel, which was a private firm, had attached these funds before a Brussels court and that the Belgian Government had no influence over this court. I stated that this was not our understanding of the case - that the Belgian Oovernment had been asked to intervene and urge that the attach- ment be dissolved. However, it was my understanding that the Belgian Government had urged that the attachment be upheld. The Prime Minister again stated that his Government could not intervene in this case since no government could condemn a sovereign foreign state. Ambassador Murphy then stated that he understood that the Belgian Government had intervened in this case because The Hague Court of Arbritation in 1936 had rendered a decision favorable to the Belgians, therefore, the Belgian Government, on the basis of The Hague decision, felt that it should intervene. The Prime Minister said he thought the situation was now clear and when I remarked that it was something that should be straighten- ed out, he agreed. I added that I of ten had to sign certificates certifying that certain corporations were owned by foreign governments and were therefore exempt from action by our courts. I suggested that if the Prime Minister were questioned by the Press on this matter that he merely state that he had not yet seen the story and could therefore make no comment. DECLASSIFIED E, O. 11652, Sec. 3(E) and S(D) or (E) 5-2-2020 Dept. of State letter, Aug Ex N.T. HC PARS 6.24.76 EUR: WE : RMWinfree: : cmm

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193223521
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Document identity
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Document source metadata
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Page context
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    "ocrText": "FINANCE\n-4-\nare\nRERVICE\non our part but that Greece owed a debt to Belgium, however, we had\nestablished credits to assist Grecian recovery and Socobel, the Belgian\nfirm, had attached our funds. The Prime Minister stated that Socobel,\nwhich was a private firm, had attached these funds before a Brussels\ncourt and that the Belgian Government had no influence over this court.\nI stated that this was not our understanding of the case - that the\nBelgian Oovernment had been asked to intervene and urge that the attach-\nment be dissolved. However, it was my understanding that the Belgian\nGovernment had urged that the attachment be upheld. The Prime Minister\nagain stated that his Government could not intervene in this case since\nno government could condemn a sovereign foreign state. Ambassador\nMurphy then stated that he understood that the Belgian Government had\nintervened in this case because The Hague Court of Arbritation in 1936\nhad rendered a decision favorable to the Belgians, therefore, the Belgian\nGovernment, on the basis of The Hague decision, felt that it should\nintervene. The Prime Minister said he thought the situation was now\nclear and when I remarked that it was something that should be straighten-\ned out, he agreed. I added that I of ten had to sign certificates\ncertifying that certain corporations were owned by foreign governments\nand were therefore exempt from action by our courts.\nI suggested that if the Prime Minister were questioned by the Press\non this matter that he merely state that he had not yet seen the story\nand could therefore make no comment.\nDECLASSIFIED\nE, O. 11652, Sec. 3(E) and S(D) or (E)\n5-2-2020\nDept. of State letter, Aug\nEx N.T. HC PARS 6.24.76\nEUR: WE : RMWinfree: : cmm"
}