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BOARD OF GOVERNORS DF THE FEDERAL RESERVE SYSTEM Office Correspondence To Chairman Eccles Frnm Mr. Knapp Date February 26,1948 Subject: I think you will be interested in the attached letter to the New York Times concerning the German reparation program which was written by Julius Edelstein, a State Department official. The purpose of the letter is to defend the continuation of the present policy of removing from Western Germany capital equipment surplus to the peacetime requirements of that area. Attachment This article is protected by copyright and has been removed. The citation for the original is: Edelstein, Julius C. C. “German Reparations: Continuation of Program Advocated as Aiding Output of Western Europe.” New York Times, February 21, 1948, p. 12.