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-2-, #2357, June 30, Midnight, from Moscow via War. up to the limit of German capacity. (C) Acceptance of shares implies an indEfinite Extension of reparation transfers beyond contemplated reparation period, com- plicates future international monetary transfers and may inject issue of US Govt taking a proprietary interest in ordinary commercial Enterprise. (D) There would be danger of cartel control of GErman industry for the benefit of private commercial interests abroad. (E) Continuing international control of Economic resources whether for security or Economic purposes, if desired can be more EffEctively imposed by uniform rE- gulation of controlling powers than by management of individual corporations through stock own Ership. Three. In the Event that WE are unable to secure agreement to drop plan to use shares in payment of reparation WE propose to attempt to limit use of such shares as narrowly as possible. Four. It is our understanding that the British delegation also is oppos Ed to this proposal and WE have been informed informally tha t they do not consider them- SELVES committed to it by the Crimea protocol. HARRIMAN RR . !'HATIONAL ARECORDS BERVICE" ARCHIVES AND

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Context sent to Scholar

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    "ocrText": "-2-, #2357, June 30, Midnight, from Moscow via War.\nup to the limit of German capacity. (C) Acceptance of\nshares implies an indEfinite Extension of reparation\ntransfers beyond contemplated reparation period, com-\nplicates future international monetary transfers and\nmay inject issue of US Govt taking a proprietary interest\nin ordinary commercial Enterprise. (D) There would be\ndanger of cartel control of GErman industry for the\nbenefit of private commercial interests abroad. (E)\nContinuing international control of Economic\nresources whether for security or Economic purposes, if\ndesired can be more EffEctively imposed by uniform rE-\ngulation of controlling powers than by management of\nindividual corporations through stock own Ership.\nThree. In the Event that WE are unable to secure\nagreement to drop plan to use shares in payment of\nreparation WE propose to attempt to limit use of such\nshares as narrowly as possible.\nFour. It is our understanding that the British\ndelegation also is oppos Ed to this proposal and WE have\nbeen informed informally tha t they do not consider them-\nSELVES committed to it by the Crimea protocol.\nHARRIMAN\nRR\n. !'HATIONAL ARECORDS BERVICE\"\nARCHIVES AND"
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