Page:United States Statutes at Large Volume 62 Part 3.djvu/1450

 62 STAT.] SPAIN-RESTITUTION OF MONETARY GOLD-Ap 30,1948 4071 May 8, 1948 Agreement between the United States of America and Spain respecting Apri30 an May 3, I94 restitution of monetary gold looted by Germany. Effected by exchange [T. I. A. S. 2123] of notes signed at Madrid April 30 and May 3, 1948; entered into force May 3, 1948. The American Charge d'Affaires ad interim to the Spanish Ministerfor Foreign Affairs AMERICAN EMBASSY Madrid, April 30, 1948 EXCELLENCY: Under instructions of my Government, I have the honor to refer to various conversations which have been held by representatives of this Embassy and of Your Excellency's Ministry in connection with the information on Spanish gold holdings requested in this Embassy's Note Verbal No. 2372 of September 26, 1946.['] In the course of these conversations, Your Excellency's Govern- ment has made available a statement of its gold acquisitions from 1939 to date and of its present gold holdings. From these data, it has been found that eight bars totaling a fine weight of 101.6 kilo- grams were gold taken by Germany from the Netherlands, although Your Excellency's Government had not been aware of their looted origin either at the time of acquisition or subsequently. I now understand that Your Excellency's Government, in implementation of its declaration of solidarity with Bretton Woods Resolution VI [2] and the Gold Declaration of 1944, is ready to restitute the 101.6 9. R. 20 . kilograms of fine gold above mentioned. I therefore have the honor to inform Your Excellency that I am instructed by my Government to state that restitution of that amount by Your Excellency's Government will be considered by my Govern- ment as fulfillment of the requirements of the Bretton Woods Reso- lution and the Gold Declaration, provided the Government of Your Excellency is agreeable to make further restitution of any additional identifiable monetary gold taken by Germany, should it be found that any such gold may have been acquired by Spain. In this con- nection, may I add that no claims for any such additional gold presented after April 30, 1949 will be considered. I am further instructed to inform Your Excellency that, upon receipt of agreement on the part of Your Excellency's Government to the foregoing, the United States Treasury will publicly make known that Spain will no longer be subject to the Gold Declaration of 1944 and that international gold movements by Spain will be free from restrictions applied on the grounds of any part thereof having been of possible looted origin. I Not printed. ' Department of State pub. 2187.

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