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U.S. Military Govt. Announces Nazi Loot Stolen from Jews Will Be Used to Aid Victims

January 23, 1947
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Military government officials today revealed that jewelry and gold teeth which the Nazis took from prisoners in concentration camps prior to their extermination will soon be sold to provide funds for relief activities in behalf of Jewish survivors.

The Intergovernmental Committee on Refugees, it was reported, is making an effort to secure valuables stolen by the Nazis from their victims and discovered by the military authorities in the vaults of various banks in the American zone. These valuables, it was indicated, will also be converted into cash to aid in the rehabilitation of refugees.

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