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    "localId": "167823403",
    "label": "Report, Negotiations Concerning German Reparations, Part I, Yalta Through Potsdam, Research Project Number 143",
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    "contentType": "document",
    "title": "Report, Negotiations Concerning German Reparations, Part I, Yalta Through Potsdam, Research Project Number 143",
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    "productionDates": [
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            "logicalDate": "1950-02-01",
            "month": 2,
            "year": 1950
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{
    "seq": 95,
    "pageIndex": 0,
    "type": "photo",
    "url": "https://s3.amazonaws.com/NARAprodstorage/lz/presidential-libraries/truman/hst-psf/602191/750293/750293-02-095.jpg",
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    "ocrText": "TOP SECRET\n- 85 -\n\"It had been figured that the national\nincome of germany before the war amounted to\n30 billion dollars annually. The war would\nlower this income by 30-35 percent and would\nbring it to the neighborhood of approximately\n18-20 billion. The Soviet Government proposed\nto take one billion dollars annually, or 5-6\npercent from German national income. This was\nnot a large sum and could be supported by\nGermany. \"I\nThere is no question but that the United States at\nYalta accepted the principle that there would be repara-\ntions from current production. In fact, the United\nStates proposal on reparations principles at Yalta\nstated that reparations in kind were to be extracted\nfrom capital removals and from \"annual deliveries of\ncommodities during ten years after the end of the war\" 2\nThe United States did not, however, feel itself bound\nby the ten-year time limit. Secretary Stettinius\nremarked that \"the ten-year period was merely mentioned\nas a basis for discussion\", adding that it might result\nthat only seven years would be required. 3 The United\nStates did not, furthermore, agree to the $10 billion\nfigure for reparations from current production as pro-\nposed by the Soviet Union. All that the United States\ndid was to agree that the $20 billion total would be\naccepted as a basis for discussion. We also made no\ncommitments as to the division of current production\namong reparations recipients; we only agreed that the\nSoviet Union would receive 50 percent of all repara-\ntions.\nThe United Kingdom at Yalta also accepted the\nprinciple that there should be reparations from\ncurrent production. The original British proposal\nprovided that German reparations should be extracted\nfrom\n1FM (Yalta), Feb. 7, 1945, 12:00 noon, p. 6.\n2FM (Yalta), Feb. 9, 1945, 12:00 noon, p. 9.\n3Attachment No. 4 to FM (Yalta) Feb. 10, 1945,\n12:00 noon.\nTOP SECRET"
}