Sen. Alfonse D’Amato (R-N.Y.) denounced a $600 million offer by Swiss banks to settle Holocaust-era claims. D’Amato said the Senate Banking Committee which he chairs plans to reopen a 50-year-old accord signed with Switzerland on the return of Nazi-looted gold. In the 1946 Washington accord Switzerland agreed to return $58 million to the Allies despite records which showed Switzerland accepted about five times that amount in looted gold.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
