University of Wisconsin Digital Collections
Link to University of Wisconsin Digital Collections
Link to University of Wisconsin Digital Collections
The History Collection

Page View

Military government weekly information bulletin
Number 86 (March 1947)

[Highlights of policy],   pp. [4]-15 PDF (7.1 MB)


Page 11


Sponges from the Mediterranean, gold
from the United States, china-clay from
Czechoslovakia, turpentine from Portugal,
and quartz from Sweden are among the items
now being purchased with US Government
funds as a part of the pump-priming opera-
tions necessary to re-establish the famous
Bavarian china industry.
Funds totaling 140,000 dollars monthly
have been set aside for the purchase of these
and other raw materials. Potential sales of
more than 1,000,000 dollars monthly in house-
hold and decorative china are anticipated as
a result of this investment. This type of
operation which is equivalent to a net export
value of German materials and labor amount-
ing to 860,000 dollars monthly, provides the
dollar exchange with which other needed im-
ports may be purchased.
Nine export contracts calling for payment
of about 620,000 dollars have already been
concluded along the lines of this operation,
which is a part of the bizonal export-import
program designed to make the combined area
self-sustaining economically within three
years. These contracts are the first in a
projected series of transactions planned
under the program.
The contracts are distributed as follows:
Sweden, four contracts, 341,448 dollars;
Switzerland, three contracts, 98,715 dollars;
Great Britain, one contract 162,700 dollars,
and Norway, one contract, 17,000 dollars.
The gold shipment from the United States
had a value of 71,052.55 dollars and consist-
ed of 82 small bars, with a total weight of
almost 140 pounds. This gold, first in a
series of shipments, was taken to DEGUSSA,
a firm in Frankfurt which manufactures ce-
ramic colors and glazes, where it is to be
processed into gold glazes and forwarded to
Bavaria for use in decorating export china-
ware.
With the ceramics industry in the US Zone
only slightly damaged during the war and a
growing world-ide- demand for 'the famous
11


Go up to Top of Page