Alk. a Washington attorney. He says: I appear on behalf of the American stockholders of a Swiss corporation whose property in Yugoslavia has been nationalized. He does not emphasize that the Swiss stockholders. noncitizens. will benefit also. If a bare 20 percent of the Swiss corporation is owned by the American stockholders and $5.000.000 is recovered. the American stockholders will get $1.000.000 and the Swiss stockholders will get $4.000.000. Stupendous benefits for noncitizens. I repeat. the chief beneficiaries under this legislation are American corporations. foreign corporations. where American citizens own 20 percent of their stock and recently naturalized United Citizens formerly of Yugoslav nationality. According to Attorney Radin it goes far beyond aiding American citizens. I quote from his statement on page 51: This bill should. therefore. enable American citizens only and their Government to benefit by it.
Keywords matched
noncitizens naturalized