US Presidency
1945

To fix a dollar value on the share of each nation would be a sort of guarantee of the amount each nation would get- a guarantee which might not be fulfilled. Therefore, it was decided to divide the property by percentages of the total amount available. We still generally agreed that Russia should get approximately half of the total for herself and Poland, and that the remainder should be divided among all the other nations entitled to reparations. Under our agreement at Berlin, the reparations claims of the Soviet Union and Poland are to be met from the property located in the zone of Germany occupied by the Soviet Union, and from the German assets in Bulgaria, Finland, Hungary, Rumania and East Austria. The reparations claims of all the other countries are to be met from property located in the western zones of occupation in Germany, and from the German assets in all other countries. The Soviet waives all claim to gold captured by the Allied troops in Germany.