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(www.nytimes.com, Dec. 1, 1997)
U.S. Melted Down Gold Items From Nazis
ttps://www.nytimes.com/1997/12/01/world/us-melted-down-gold-items-from-nazis.html

Seven years after World War II ended,
the United States melted down gold plates, buttons, coins and smoking-pipe ornaments that were apparently looted from Hitler's victims,
and turned the gold over to European central banks.

...While the origin of the personal gold items is not clear, other historical records show that
immediately after the war, American occupation forces came across large stores of gold that were seized from Jews and other Nazi victims, often as they were driven out of their homes.

...One of the biggest surprises in the new documents coming to light was the discovery that
Switzerland had reached a secret agreement to use some of the money entrusted to it by the United States and Britain for its own purposes.
In his memoirs, the American Ambassador to Japan when the war began, Joseph Grew, described in glowing terms how the Swiss minister looked after American interests in Japan during the war.