ENEMY PROPERTY.

Hokitika Guardian, 21 August 1925, Page 3

ENEMY PROPERTY.

aC>~ A ETER-W’AR I.IQUI RATION. \VELI.I NCT tIN . Aug. 19. “It is only lair to admit that during the past year the Herman clearing office has shown a growing tendency to deal expeditiously with e.uiiniuiiiouliot.s despatched from this (.Hire. I lie result ol this is reflected in the large reduction which lias been made during the past year in tbe number and vuiuc of outstanding eleariug-olliee claims,” ( reports tile I’ublie Trustee. ill bis capacity of (uslodian ol enemy properly in New Zealand. Considerable progress lias been made in finalising these transactions, but another year will elapse before matters are complete. Tbe total amount credited to the German liquidation. account up to Marcii 31st. 1923, in respect of German property rights and interests in the Dominion, was £lB->.18,. Six credits totalling £9IX4 have with toe concuirenee' of the Herman authorities been withdrawn. The amount < ree.it<*d to Austrian liquidation account was £928. Tn addition, a sum of £-189 is held, which will be credited to this re-count upon receipt of additional information from tbe High Commissioner. The I’ublie Trustee has released £98.932. which had been held its alien onomv property. £40,20-l of this sum having been (laid to interned alien., who since tbe war have been repatriated The net balance, being proceeds of Herman and Austrian pruporty liquidated in New Zealand, and held by the Public Trustee, i.- £249.323. Claims bv New Zealanders against this property total £93.03-1 ■ of which £22,93f is admitted by the German clearing bouse. £29.279 withdrawn, and £!UOOD still under action. Herman . nationals lodged claims against X**w Zealanders 1:> Hi" amount if £201.1,,. but claims lor £138.931 have teen withdrawn. £29.412 is; admitted by New Zealand ami £21.471 is under action. The archives of tbe Herman ami Austrian Consulates in New Zealand, which were banded te, the I’ublie Trustee fur safe custody during the war. are still field ponding receipt of dire,tion* from the (Juvornmonts comc*u*ri n**■ *• CL \TMS AGAINST RUSSIA. The total of claims against tin* Russian Government, or persons, firms or companies resident in Russia registered with the New Zealand clearing office m row ‘13.231. but a treaty following the Anglo-Soviet roll roreli.ee was not rat died bv Parliament, and there Im.e been no later developments regan.ing the claims. Tbe matter is tit present snlelv one of registration. HERMAN PROPERTY IN SAMOA. Considerable progress has been made b v tie* Samoan authorities in tbe direction of the disposal of the Herman plantations which have been retained bv tbe New- Zealand Hover.,mem. Anproxin lately four-fifths in nmnbet. though not in value, ol these estate-, have been disposed of. chiefly by lease, ami as tlm \ahm> *>•- ... 1 those properties tan non' h* roa<ii!> asessed liquidation schedules for trailsmission to tbe German Government tor tbe purpose of enabling it to compensate its nationals arc in course ot preparation. and should be competed „ tbe near future. The ;t’>»nuung plantations, comprising the large, am more valuable propen,have boon advertised for learn to private nlant-e,-s. Where suitable tenders are not obtained it is proposed to assess their values, taking into consideration an relevant factors, including, of course. n„v tenders received but not accepted. Tt is therefore anticipated that all .-h liquidation schedules in regard to Samoa will be completed in tbe neat ’ U 'TTe " New Zealand Government has continued to apply the proceeds received from, the Crown estates in payment, so far as required, of services necessitated in compliance with mandate q tli gat ions. “This is avert substantia) and generous concession.” comnientthe Public Trustee.