THE RESTITUTION OF YUGOSLAV GOLD BY THE USA AFTER WORLD WAR II Cover Image

POVRAĆAJ JUGOSLOVENSKOG ZLATA IZ SAD POSLE DRUGOG SVETSKOG RATA
THE RESTITUTION OF YUGOSLAV GOLD BY THE USA AFTER WORLD WAR II

Author(s): Nikola Živković
Subject(s): Diplomatic history, Economic history, Recent History (1900 till today), WW II and following years (1940 - 1949), Post-War period (1950 - 1989)
Published by: Institut za savremenu istoriju, Beograd
Keywords: Yugoslavia; Yugoslav gold; restitution; USA; postwar period;

Summary/Abstract: Following the outbreak of World War II, the Yugoslav Government transferred from London, where it had previously been kept, 55.000kgs of gold belonging to the Yugoslav state. 41.667kgs of gold were deposited in the Federal Reserve Bank while the rest was placed in banks in Canada and Argentina. The gold in New York was deposited under a clause prohibiting its disposal in order to safeguard it against misuse by the quisling government during the war. When the war ended, the Government of FNRJ initiated talks with the US Government in 1946 for having the property of Yugoslavia in the US released. In 1954, after years of negotiations, the gold was released, the FNRJ having honored contractual obligations regarding American property which had been nationalized or otherwise taken.

  • Issue Year: 1994
  • Issue No: 1
  • Page Range: 195-199
  • Page Count: 5
  • Language: Serbian