BELGIAN GOLD
Claims On French Banks In New York Upheld AMERICAN COURT DECISION Rec. 1 p.m. WASHINGTON, May 25. The Supreme Court to-day refused to review the New York State Court judgment against the Bank of France in favour of assignees of the National Bank of Belgium. The suit involves 228.000,000 dollars in gold which the Belgian bank deposited with the French Bank before the war for safekeeping. At present there are 740,000,000 dollars deposited in French banks in New York, the credit of which is now attachable to the amount claimed.
M. Hubert Ansiaux. inspector of the National Bank of Belgium, stated in New York last. August that the Bank of France had given 230,000.000 dollars of Belgian gold to Germany. The gold was deposited in France from November, 1939. to May 10, 1940. When the collapse of France was imminent the Belgian Government asked the bank to transfer the gold to the United States, instead the bank shipped it to Dakar, and thereafter, without consulting the Belgian Government, transferred the gold to the Reichsbank at Marseilles, which had it sent to Berlin.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/AS19420526.2.74
Bibliographic details
Ngā taipitopito pukapuka
Auckland Star, Volume LXXIII, Issue 122, 26 May 1942, Page 5
Word count
Tapeke kupu
184BELGIAN GOLD Auckland Star, Volume LXXIII, Issue 122, 26 May 1942, Page 5
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
Ngā mihi
This newspaper was digitised in partnership with Auckland Libraries.
Log in