M. DEBENEST: The Tribunal will take note of your answer.
THE PRESIDENT: M. Debenest, you dealt with the subject yesterday, didn’t you?
M. DEBENEST: I do not think I did, Mr. President.
THE PRESIDENT: Well, the embargo on shipping surely was gone into yesterday.
M. DEBENEST: Mr. President, I think I spoke yesterday only of the requisitions which were carried out and I only asked one or two questions of an economic nature. I do not think I touched upon this subject. If I did, I apologize to the Tribunal. In any case, I am finished with it.
[Turning to the defendant.] What was the position of the Netherlands Bank on your arrival in 1940?
SEYSS-INQUART: The Netherlands Bank as an issuing bank was, I believe, set up primarily on the basis of a private bank. The president was Mr. Trip. The State probably had a certain influence, since it served as the issuing bank.
M. DEBENEST: Give us a briefer explanation.
SEYSS-INQUART: Then it would not be stating the whole truth.
M. DEBENEST: Did the gold reserves cover the amount of notes issued?