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61340 Vorabseiten_e - Unabhängige Expertenkommission Schweiz

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actions] assets in such countries of victims of Nazi action who have since<br />

died and left no heirs.» 11<br />

In this regard, the Washington Agreement between Switzerland and the<br />

Western Allies in spring 1946 elicited nothing more than a non-binding pledge<br />

from the Swiss negotiators. At that time, the representatives of the Allies<br />

appeared to be satisfied with an empty diplomatic phrase, as the return of the<br />

looted gold which had been accepted by the Swiss National Bank was<br />

uppermost in their minds. 12 However, only six months later the topic again<br />

appeared on the agenda. The French-led group of five countries which was<br />

charged with implementing the Final Act of the Paris Conference, called on<br />

France to continue the efforts aimed at releasing heirless assets for the benefit<br />

of the Nazi victims. Jewish restitution organisations followed up the matter in<br />

subsequent years. None of these efforts was successful, however, as the attention<br />

of the Western Allies was increasingly taken up by the Cold War. Furthermore,<br />

the other main objective of the Washington negotiations, the transfer of the<br />

German assets deposited in Switzerland to the reparations pool established by<br />

the Western Allies, was not achieved despite basic agreement. In this key area<br />

for the banks, the Swiss negotiators played for time; the more strongly the Cold<br />

War dominated international relations, the more it was possible to revert to the<br />

tried and true strategy of bilateral solutions. Nevertheless, the successor to the<br />

IGCR, the International Refugee Organization (IRO), received an advance<br />

payment of the 25 million dollars promised from the liquidation proceeds of<br />

German assets in Switzerland; however, this occurred only after repeated urging<br />

and after Sweden had paid in its entire portion. As regards the banks, the<br />

replacement of the Washington Agreement as part of the London Agreement in<br />

1952 allowed them to honour the pledge they had always made that German<br />

assets could not be liquidated without compensating the owners.<br />

The restitution practice of the US occupation authorities was laid down in 1945<br />

and codified in the Military Government Law 59 of 10 November 1947 which<br />

demanded restitution. 13 This formed the basis for the subsequent restitution<br />

laws passed in the Federal Republic of Germany. In addition, in October 1945,<br />

the WJC together with the Jewish Agency and the American Jewish Conference<br />

made restitution claims for the property of deceased Jewish victims who had left<br />

no heirs. The Jewish Restitution Successor Organization, established for this<br />

purpose, was appointed the official legal heir in the US occupied zone and later<br />

acted in the same capacity together with the national Jewish organisations in<br />

the British and French occupied zones.<br />

In the context of these post-war developments, we have a wide range of concepts<br />

and meanings to deal with. Reparations, restitution, compensation, refund,<br />

426

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