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Austrian-jewish Talks Result in $22,000,000 Indemnification Pact

July 20, 1955
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Austrian Chancellor Julius Raab today announced that as a result of the agreement which he reached yesterday with Dr. Nahum Goldmann, chairman of the joint executive board of the Jewish Committee for Claims on Austria, the Austrian Government will establish a fund of 550 million shillings–approximately 22 million dollars–to be distributed within ten years among people who were persecuted by the Nazis in Austria and who now reside abroad.

Chancellor Raab reported the details of his meeting with Dr. Goldmann to a session of the Cabinet today. He said that Dr. Goldmann, on behalf of the Jewish Claims Committee had presented him with a letter in which note was taken of the Austrian Government plan to include the cost of the fund in the national budget. The payments from this fund, the Chancellor emphasized, will be made to the victims in lump sum–to be decided upon in each case in accordance with the degree of need of the applicant.

The Austrian Cabinet will next consider the composition of the board of trustees of the fund. It is understood that the Jewish Claims Committee will be consulted on the nominees.

Meanwhile, the city of Vienna and the Vienna Jewish Community concluded an agreement today under which the city will return to Jewish control certain communal property taken by the Nazis from the Jews and now in the hands of the city. Included in this property are three cemeteries and the Jewish section of the main Vienna cemetery.

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