Speech #680056750

In brief. the proposiwell as the consent of the German Government expressed by tion is this: For many years we had treaties with Germany. a proper and solemn declaration. as solemn as the treaty The first one was negotiated with Prussia In 1787nore than itselfperhaps It should be a statutethen. speaking as a a hundred years agoand another treaty was negotiated In mere question of right. we might have the right to carry out 1832. as I recall. or 1837. Under the termsof those treatiesthe plan suggested by the Senator from South Carolina. and I might say that their terms were perpetuated and existed The question of policy is one as to which I express no opin- between the United States and the German Government when ion. but I invite the attention of the Senator to the fact that the World War broke outthe nationals of the United States much of that property is held by estates or by corporations. hald the right to invest in Germany and German nationals had It is impressed with various trusts. A mltitude of people in the right to invest in the United States and to come here freely Germany may be interested in one trust or one piece of prop- subject. of course. to the immigration laws. Under those erty. We might have to get the consent of the courts. of minor treaties German nationals invested In the United States hunheirs. of insurance companies. of hundreds and thousands of dreds of millions of dollars.