Pauley Files
No. 992
United States Delegation Working
Paper1
[Babelsberg,] July 25,
1945.
U. S. Proposals
That the declaration on reparations and related matters be amended with reference to German owned external assets as follows:
Appropriate steps shall be taken to exercise control and the power of disposition over German owned external assets, in cases where this power is not already exercised by any one of the United Nations, which has directly participated in the war.2