The United Nations Monetary and Financial Conference in Bretton Woods, New Hampshire, was held in July 1944 and involved forty-four countries. The conference was organised for the purpose of nations deciding upon a series of rules for the international monetary system post World War II. Three commissions made up the Bretton Woods Conference, with two commissions concerned with the final plans for the international monetary fund and with the primary interest of the Treasury and State Departments, the proposed World Bank, and the Stabilisation Fund. Commission III was concerned with residual matters, establishing various ad hoc committees, including a committee focused on enemy assets, looted goods and associated matters.