. ©MAZAL LIBRARY

NMT09-T0496


. NUERNBERG MILITARY TRIBUNAL
Volume IX · Page 496
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Table of Contents - Volume 9
of any liquidation measures, to the alleged wishes of industrial circles in this respect, the Reich Chamber of Economics considers it important to point out that it is not the desire of the Reich Chamber of Economics, i.e., the authority representing the industrial economy, that during the war the industrial enterprises should be regarded as economically interested parties in the acquisition of enemy property. The reasons for this attitude are exclusively of an economic nature. First, the acquisition of enemy property involves in most cases, especially in the case of large, economically important objects, a great number of risks, necessitated by war economic conditions, for any German enterprise possibly considering the acquisition. These risks, regarded from the standpoint of future economic returns, would render the acquisition in many respects a speculative business, and for this reason alone, leading and serious enterprises of the German economy of themselves could manifest no economic interest in such acquisition during the war. Moreover, the connections and rights deriving from contracts must also be taken into consideration from the purely economic point of view in the execution of such liquidation measures, especially in view of the magnitude and importance of the objects which are often concerned. Such connections and rights frequently extend to neutral or friendly countries abroad, and may not be threatened by a possible liquidation without grave economic and political disadvantages, both now and with regard to future economic developments. Primarily, however, the problem of a just disposition of confiscated property, which answers the requirements of national economy, must be taken into consideration in the execution of liquidation measures, for urgent reasons of importance to the total economy. The Reich Chamber of Economics believes itself to be in basic agreement with the Reich government in considering that, in the execution of liquidation measures, neither a transfer into state ownership of these sometimes very considerable assets, nor a planless transfer to private, and probably only by chance interested parties can be contemplated. A just solution of this question from the point of view of national economy would, however, meet with considerable difficulties during the war. The leading and important enterprises of the German domestic economy, therefore, do not intend, for the reasons given, to secure for themselves during Germany’s present life and death struggle a private advantage over German and international competition by competing for enemy private property.

In order to exclude during the discussion of such measures any possible misinterpretations concerning the attitude of German industrial enterprises toward the purely economic side of this  

 
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