“. . . the ordinance concerning registration and control of enemy property, as well as confiscation of the property of persons who show hostility to the Reich and to Germans, were issued in the name of the Reich Commissioner. On the basis of this ordinance an administrator has already been appointed for the property of the royal family.
“Stocks of raw materials have been seized and, with the consent of the General Field Marshal, distributed in such a way that the Dutch have enough raw materials to maintain their economy for half a year, so that they receive the same allocation quotas as obtain in the Reich. The same principle of equal treatment is being used in the supply of food, et cetera. This enabled us to secure considerable supplies of raw materials for the Reich, as for instance 70,000 tons of industrial fats, which is about half the amount which the Reich is lacking. Legislation concerning exchange has been introduced on the same pattern as in the Reich.
“Finally we succeeded in causing the Dutch Government to supply all the amounts which the Reich and the German administration in the Netherlands need, so that these expenses do not burden the Reich budget in any way.
“Sums of guilders have been made available to redeem the occupation marks to the amount of about 36 million; an additional 100 million for the purposes of the occupation army, especially for extension of the airports; 50 million for the purchase of raw materials to be shipped to the Reich, so far as they are not booty; and amounts to guarantee the unrestricted transfer of the savings of the Dutch workers brought into the Reich, to their families, et cetera. Finally, the rate of exchange of the occupation marks, set at first by the Army High Command in the proportion of 1 guilder to 1.50 Reichsmark, has been reduced to the correct proportion of 1 guilder to 1.33 Reichsmark.
“Above all, however, it was possible to obtain the consent of the President of the Bank of The Netherlands, Trip, to a measure suggested by Commissioner General Fischböck and approved by the General Field Marshal, namely the unrestricted mutual obligation of accepting each other’s currency. That means that the Bank of The Netherlands is bound to accept any amount of Reichsmark offered to it by the Reich Bank and in return to supply Dutch guilders at the rate of 1.33, that is, 1 Reichsmark equals 75 cents. The Reich Bank alone has control in these matters, not the Bank of The Netherlands, which will be notified only of individual transactions.