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Jewish War Veterans Oppose Return of Nazi Assets in U.S. to Germany

February 19, 1958
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National commander Benjamin H. Chasin of the Jewish War Veterans assailed today an Administration plan for Congressional action that would, according to the JWV, make U.S. taxpayers assume double liability for former Nazi assets valued at over half a billion dollars.

“The Jewish War Veterans along with other veterans organizations representing more than 21, 000, 000 American veterans and their families, has repeatedly gone on record opposing return of this so-called alien property,” Mr. Chasin said. The German Government agreed by treaty to reimburse its nationals for the value of that property in return for the American Government’s agreement not to ask for reparations or for any of the money advanced to the new German Government up to the time of the Bonn 1952 treaty.”

According to the JWV leader the new plan would force American taxpayers to pay Germans “out of their own pockets for having started and lost World War II.” Jewish veterans will oppose the proposed legislation with “every resource” at their command, said Mr. Chasin.

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