On this day in ...... 1952, in Wassenaar (right), a suburb of The Hague, Netherlands, negotiators who'd been at work for 5 months completed draft agreements by which West Germany agreed to pay reparations over a period of 14 years, totaling 3.45 billion Deutsche marks, or US $822 million, "basically in goods, to Israel and world Jewish organizations in compensation for Nazi antisemitic acts" in the 1930s and 1940s. (photo credit) The New York Times further reported that under the agreement, West Germany was to "improve its machinery for individual restitution." Israel was to establish a trade mission in Bonn so that the agreement could be administered.
(Prior August 27 posts are here, here, and here.)
