English Translation

At the end of March 1942, X hazelnut and walnut kernels for 5,8 Mill.K (Luksch and Co. Prague) were to be supplied by the German company P.P. Danielsen in Istanbul. The residual amount of L,7 Mill.K should also be used for certain import transactions (figs, anisees, etc.) so that the entire due clearing balance was covered by purchases of goods. Since these transactions concern the import of important food products into the Protectorate, the Turkish authorities should be encouraged to refrain from the liquidation of the protectorate's balance by means of Te's Turkish settlement transactions and to agree to the settlement by the above-mentioned goods deliveries. However, if, contrary to expectations, the settlement of the Protectorate Guth via the clearing account A cannot be avoided, it had been suggested that the payments should be managed via a "sub-account Protectorate" so that the amounts can be used exclusively for the payment of the intended imports, so that local creditors immediately receive the equivalent of their claims and a price loss is avoided 3.) The RwM had agreed to instruct the German Embassy, in accordance with our wishes, to reach an agreement with the Turkish authorities, despite serious fundamental concerns. On the other hand, it refused to set up a "protectorate sub-account". 4.) On the basis of a communication from the Department of Food and Agriculture, the RWM was once again pointed out on 8.10.1942 that the Turkish Ministry of Commerce, Department of Foreign Trade, had already in March 19942 promised permission to dissolve the protectorate assets by means of goods deliveries, if the German side agreed. In this situation there was no reason for us to depart from our previous demand for the liquidation of the balance by Turkish goods deliveries. 21183 78A