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Bavarian Government Agrees to Pay for Unclaimed Jewish Property

April 14, 1952
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An agreement has been signed here between the Bavarian Ministry of Finance and the Jewish Restitution Successor Organization under which the State of Bavaria will pay the Jewish organization 20,000,000 deutschemarks in exchange for heirless and unclaimed Jewish property administered by it. The agreement is subject to ratification by the Bavarian Parliament.

The City Senate of Bremen was in receipt of a letter today from John J. McCloy, United States High Commissioner for Germany, expressing satisfaction at the cooperation of the city authorities in settling reparations claims put forward by the local Jewish community.

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