German Reparations Talks End; Pacts to Be Signed in Luxemburg
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German Reparations Talks End; Pacts to Be Signed in Luxemburg

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The reparations talks between Western Germany and Israel, as well as with the Conference on Jewish Material Claims Against Germany, concluded here today. The agreements will be initialed on Sept. 5.

No statement was issued to the press today at the conclusion of the negotiations. However, it was indicated that the agreements will be signed officially in Luxemburg during the middle of September by Chancellor Konrad Adenauer on behalf of the West German Government, and by Foreign Minister Moshe Sharett on behalf of the Israel Government. Mr. Moses Leavitt, head of the Conference delegation, and possible Dr. Nahum Goldman, head of the Conference’s presidium, will sign the pact on behalf of the Conference.

Meanwhile, it was learned here today that the West German Government is releasing 12,000,000 pounds sterling in England for Israel to buy oil from British companies. This will insure Israel’s oil supply until March 1954, it was indicated.

With regard to the claims against Israel presented by the German Templar Association for property in Israel allegedly confiscated by the Israeli authorities, it was decided by the German and Israeli delegations here to open new negotiations. The Templar Association claims 50,000,000 pounds. The Israelis have agreed to speed-up payments for the Association through the Lutheran World Union. The sum of $50,000 has already been paid. In addition, Israel has agreed to pay 530,000 pounds during the next five years.

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