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4. Our two Departments will make joint efforts with a view of investigating and controlling all German and other enemy assets both in the United States and in the Netherlands in order to deprive war criminals and potential leaders of the enemy underground of means of existing and of jeopardizing the peace. In particular, our two Departments will take all steps necessary to prevent the financial facilities which our two countries may grant each other from being utilized by any person subject to Netherlands or American jurisdiction in such manner as might allow enemies or their agents to conceal assets in the United States or in the Netherlands. Our two Departments will exchange all information required to carry out this task, and in particular the Netherlands Government, which has already undertaken a vigorous program to eliminate economic and financial enemy interests in the Netherlands, will keep yours fully informed with regard to property held in the United States under a Netherlands name when it has reason to believe that there is any enemy interest, direct or indirect, in such property. My Government will likewise furnish yours with all information concerning Netherlands institutions which hold in the United States property in which an enemy might have an interest. It is of course understood that your Department will make all information on this subject available to the Netherlands authorities concerned.

5. As a result of the protection accorded to Netherlands assets, and of other circumstance which arose during the war, American creditors have been temporarily deprived of certain means of action which normally would have been open to them to protect their interests.

The Netherlands Government proposes, in accordance with its longstanding practice, to allow debtors in the Netherlands to settle their indebtedness to United States Government agencies, individuals or firms and to provide within the limits of its resources the foreign exchange necessary to that end.

6. Concerning the transfer of funds from the Netherlands to the United States it is the intention of my Government to liberalize control restrictions to the fullest extent that the foreign exchange position of each part of the Kingdom will permit. In this connection the competent Netherlands authorities will authorize all payments for the purpose of duly authorized current business or commercial transactions including balances emanating from said sources which have accrued during the war.

The competent Netherlands authorities, moreover, will examine carefully requests for transfers of capital from the Netherlands to the United States when
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