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German Government to Offer Israel $714,000,000 in Goods Official Says

June 18, 1952
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A spokesman for the West German Government declared here today that the Bonn Cabinet would offer Israel $714,000,000 in goods as reparations. A meeting of the West German Cabinet to deal with this question was scheduled for today.

The spokesman said that the offer would be made when the German-Israeli talks resume at The Hague. He said that the equivalent of $714,000,000 in merchandise would be shipped to Israel over a period of 12 years.

The Allied Commissioner in Berlin today announced that the restitution of property to Nazi victims will be continued in West Berlin.

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