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...British embassy in Washington warns the U.S. Treasury Department that "every leading member of the governing groups in all the Axis countries have funds in Switzerland. Some have fortunes...

Author: /time Magazine | Title: ECHOES OF THE HOLOCAUST | 2/24/1997 | See Source »

...undated document identifies an account held for Hitler in Switzerland for royalties from Mein Kampf...

Author: /time Magazine | Title: ECHOES OF THE HOLOCAUST | 2/24/1997 | See Source »

...July 10, 1944. President Franklin Roosevelt gets a classified report from William Donovan, chief of the Office of Strategic Services, calling his attention to the personal friendship between senior Swiss and Nazi central-bank officials and a deal they had arranged. Each month, Switzerland promised to purchase 6,000 kg of German gold, which the Reich was using to buy Swiss ball bearings. Roosevelt's reply: "We ought to block the Swiss participation in saving the skins of rich or prominent Germans." But Roosevelt took no action...

Author: /time Magazine | Title: ECHOES OF THE HOLOCAUST | 2/24/1997 | See Source »

...undated paper records the debriefing of a certain Dr. Landwehr, who had directed the Nazi foreign-exchange department. "Dr. Landwehr estimates that all in all, the sum of German assets which passed into Switzerland amounted to at least 15 billion reichsmarks," said the report. "Landwehr dismissed with an ironic smile the Swiss estimate of 1 billion reichsmarks...

Author: /time Magazine | Title: ECHOES OF THE HOLOCAUST | 2/24/1997 | See Source »

Nevertheless, in 1946, the tripartite gold treaty accepted a total of only $60 million in gold as Switzerland's payment in full of Nazi loot. Britain, France and the U.S. further decided the money would be given back only to German-occupied countries, not to individual claimants...

Author: /time Magazine | Title: ECHOES OF THE HOLOCAUST | 2/24/1997 | See Source »

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