=========================================== MPC GRAM =========================================== Covering the entire World of Military Numismatics Series 004 - Number 803 Saturday December 14, 2002 Ike's Financial Marching Orders Located and submitted by David Klinger Directive to Commander-in-Chief of United States Forces of Occupation Regarding the Military Government of Germany; April 1945 [The following directive setting forth United States policy with reference to the military government of Germany, was issued by the State Department to General Eisenhower.] [excerpt] PART III Financial 44. You will make full application in the financial field of the principles stated elsewhere in this directive and you will endeavor to have the Control Council adopt uniform financial policies necessary to carry out the purposes stated in paragraphs 4 and 5 of this directive. You will take no steps designed to maintain, strengthen or operate the German financial structure except in so far as may be necessary for the purposes specified in this directive. 45. The Control Council should regulate and control to the extent required for the purposes set forth in paragraphs 4 and 5 the issue and volume of currency and the extension of credit in Germany and in accordance with the following principles: a. United States forces and other Allied forces will use Allied Military marks and Reichsmark currency or coins in their possession. Allied Military marks and Reichsmark currency and coin now in circulation in Germany will be legal tender without distinction and will be interchangeable at the rate of one Allied Military mark for one Reichsmark. Reichskreditkassenscheine and other German military currency will not be legal tender in Germany. b. The Reichsbank, the Rentenbank or any other bank or agency may be permitted or required to issue bank notes and currency which will be legal tender; without such authorization no German governmental or private bank or agency will be permitted to issue bank notes or currency. c. The German authorities may be required to make available Reichsmark currency or credits free of cost and in amounts sufficient to meet all the expenses of the forces of occupation, including the cost of Allied Military Government and including to the extent that compensation is made therefor, the cost of such private property as may be requisitioned, seized, or otherwise acquired, by Allied authorities for reparations or restitution purposes Pending agreement in the Control Council you will follow these policies in your own zone. You will receive separate instructions relative to the currency which you will use in the event that for any reason adequate supplies of Allied Military marks and Reichsmarks are not available, or if the use of such currency is found undesirable. You will not announce or establish in your zone, until receipt of further instructions, any general rate of exchange between the Reichsmark on the one hand and the U. S. dollar and other currencies on the other. However, a rate of exchange to be used exclusively for pay of troops and military accounting purposes in your zone will be communicated separately to you. 46. Subject to any agreed policies of the Control Council, you are authorized to take the following steps and to put into effect such further financial measures as you may deem necessary to accomplish the purposes of your occupation: a. To prohibit, or to prescribe regulations regarding transfer or other dealings in private or public securities or real estate or other property. b. To close banks, but only for a period long enough for you to introduce satisfactory control, to remove Nazi and other undesirable personnel, and to issue instructions for the determination of accounts to be blocked under subparagraph 48 e below. c. To close stock exchanges, insurance companies, and similar financial institutions for such periods as you deem appropriate. d. To establish a general or limited moratorium or moratoria only to the extent clearly necessary to carry out the objectives stated in paragraphs 4 and 5 of this directive. 47. Resumption of partial or complete service on the internal public debt at the earliest feasible date is deemed desirable. The Control Council should decide the time and manner of such resumption. 48. Subject to any agreed policies of the Control Council, a. You will prohibit: (1) the payment of all military pensions, or emoluments or benefits, except compensation for physical disability limiting the recipient's ability to work, at rates which are no higher than the lowest of those for comparable physical disability arising from non-military causes. (2) the payment of all public or private pensions or other emoluments or benefits granted or conferred: (a) by reason of membership in or services to the former Nazi party, its formations, affiliated associations or supervised organizations, (b) to any person who has been removed from an office or position in accordance with paragraph 6, and (c) to any person arrested and detained in accordance with paragraph 8 during the term of his arrest, or permanently, in case of his subsequent conviction. b. You will take such action as may be necessary to insure that all laws and practices relating to taxation or other fields of finance, which discriminate for or against any persons because of race, nationality, creed or political opinion, will be amended, suspended, or abrogated to the extent necessary to eliminate such discrimination. c. You will hold the German authorities responsible for taking such measures in the field of taxation and other fields of public finance, including restoration of the tax system and maintenance of tax revenues, as will further the accomplishment of the objectives stated in paragraphs 4 and 5. d. You will exercise general supervision over German public expenditures in order to ensure that they are consistent with the objectives stated in paragraphs 4 and 5. e. You will impound or block all gold, silver, currencies, securities, accounts in financial institutions, credits, valuable papers, and all other assets falling within the following categories: (1) Property owned or controlled directly or indirectly, in whole or in part, by any of the following: (a) The German Reich, or any of the Lander, Gaue or provinces, any Kreis, Municipality or other similar local subdivision; or any agency or instrumentality of any of them including all utilities, undertakings, public corporations or monopolies under the control of any of the above; (b) Governments, nationals or residents of other nations, including those of territories occupied by them, at war with any of the United Nations at any time since 1 September 1939; (c) The Nazi Party, its formations, affiliated associations and supervised organizations, its officials, leading members and supporters; (d) All organizations, clubs or other associations prohibited or dissolved by military government; (e) Absentee owners, of non-German nationality including United Nations and neutral governments and Germans outside of Germany; (f) Any institution dedicated to public worship, charity, education or the arts and sciences which has been used by the Nazi Party to further its interests or to cloak its activities; (g) Persons subject to arrest under provisions of paragraph 8, and all other persons specified by military government by inclusion in lists or otherwise. (2) Property which has been the subject of transfer under duress or wrongful acts of confiscation, disposition or spoliation, whether pursuant to legislation or by procedure purporting to follow forms of law or otherwise. (3) Works of art or cultural material of value or importance, regardless of the ownership thereof. You will take such action as will insure that any impounded or blocked assets will be dealt with only as permitted under licenses or other instructions which you may issue. In the case particularly of property blocked under (1) (a) above, you will proceed to adopt licensing measures which while maintaining such property under surveillance would permit its use in consonance with this directive. In the case of property blocked under (2) above, you will institute measures for prompt restitution, in conformity with the objectives stated in paragraphs 4 and 5 and subject to appropriate safeguards to prevent the cloaking of Nazi and militaristic influence. 49. All foreign exchange transactions, including those arising out of exports and imports, shall be controlled with the aim of preventing Germany from developing a war potential and of achieving the other objectives set forth in this directive. To effectuate these purposes the Control Council should a. Seek out and reduce to the possession and control of a special agency all German (public and private) foreign exchange and external assets of every kind and description located within or outside Germany. b. Prohibit, except as authorized by regulation or license, all dealings in gold, silver, foreign exchange, and all foreign exchange transactions of any kind. Make available any foreign exchange proceeds of exports for payment of imports directly necessary to the accomplishment of the objectives stated in paragraphs 4 and 5 of th is directive, and authorize no other outlay of foreign exchange assets except for purposes approved by the Control Council or other appropriate authority. c. Establish effective controls with respect to all foreign exchange transactions, including: (1) Transactions as to property between persons inside Germany and persons outside Germany; (2) Transactions involving obligations owed by or to become due from any person in Germany to any person outside Germany; and (3) Transactions involving the importation into or exportation from Germany of any foreign exchange asset or other form of property. Pending agreement in the Control Council, you will take in your zone the action indicated in subparagraphs a, b and c above. Accordingly, you will in your zone reduce to the possession and control of a special agency established by you, within your Command, all German foreign exchange and external assets as provided in subparagraph a. You will endeavor to have similar agencies for the same purpose established in the other zones of occupation and to have them merged as soon as practicable in one agency for the entire occupied territory. In addition you will provide full reports to your government with respect to all German foreign exchange and external assets. 50. No extension of credit to Germany or Germans by any foreign person or Government shall be permitted except that the Control Council may in special emergencies grant permission for such extensions of credit. 51. It is not anticipated that you will make credits available to the Reichsbank or any other bank or to any public or private institution. If, in your opinion, such action becomes essential, you may take such emergency actions as you may deem proper, but in any event, you will report the facts to the Control Council. 52. You will main such accounts and records as may be necessary to reflect the financial operations of the military government in your zone and you will provide the Control Council with such information as it may require, including information in connection with the use of currency by your forces, any governmental settlements, occupation costs, and other expenditures arising out of operations or activities involving participation of your forces. Source: US Department of State Bulletin. 17 OCT 1945 =========================================== Editorial =========================================== Is the above document great or what? Of course thanks to David "Fast Fingers on the Keys" Klinger for finding and sending it. I have to admit that I have not yet studied it. I have read it, but I think that it requires some study. You are invited to do that and send us a report! We would love that! Fred =========================================== Mail Call =========================================== Dear Gram, Just retuned from a one-day show in Melbourne today. Had a conversation with a dealer (Don Vosburgh) that might interest you. Possibly you being the all knowing-all seeing in the field of MPC perhaps you already know of this. Anyway, he told me that in Vietnam he was in the Air Force and on C-Day he would fly out by chopper to men in the field and collect their MPC to be turned in and issue them a receipt. The next week he would go back and issue them that amount in new MPC. Mike Dear Esteemed (?) Editor, A question was raised in a recent article about the value of an Indian Rupee in 1941. It was about 11 grams of silver and close to fifty cents in U.S. money. I can remember a man had to pay about Four Rupees for a marriage license in Burma just before that time, and most men had to borrow it from their family. So a Rupee was a significant amount of money to an Indian or other locals in the Empire of India and surrounding areas in 1941! I would like to comment on Mr Goldstein's "My thoughts on MPC VOID Notes" item in a recent Gram because he was concerned about the recent increase in the number of them being offered for sale. As you know, I am a frequent visitor to Viet Nam and have brought back several of these pieces back for you and others when I find a new variety, or when they are on someone's want list. Since they first appeared a few years ago, I have seen only a few during each visit and sometimes none at all. I strongly believe that the current sources of them are several Vietnamese collectors (some who are also dealers) need some money and have offered those parts of their collections for sale that could generate some quick cash. Business is slow back in Viet Nam and they have to still pay the rent on their stores. If anyone has any more questions about them, please contact me at Howard@SEAsianTreasury.com. Howard =========================================== CALENDAR OF EVENTS =========================================== 2002 FUN Florida United Numismatists, Orlando, 9 - 12Jan 2003 Confirmed table holders and attendees [Leo May (table), Fred Schwan (table), David Seelye (table), Larry Smulczenski (table w/Schwan), Harold Kroll, Marcus Turner, Howard Daniel, David Amey, Rod and Wes Hardy, (with table), Al Glaser, Bill Yanchick, Ian Marshall [with table] others please confirm. CPMX 9: 20 - 23 February, Chicago, IL MPC Fest IV: 28 Feb - 2 March, Port Clinton, OH Fest Registrants: Doug Bell, Joe Boling?, Guido Crapanzano?, Dick Freyser, Philip M. Goldstein$$, Gary Hicks, Harold Kroll, Jack Lippincot, Kevin Maloy, Leo May$$, Fred Schwan, David Seelye, Nick Shrier, Larry Smulczenski$$, Warner Talso$$$, Marcus Turner, Tom Warburton, Mark Watson, Bill Yanchick, Tom Koch, Nancy and John Wilson?, Bill McNease, Cuneyd Tolek?, Wenell Wolka?, Al Glaser. Registration fee: $148 double occupancy $198 single occupancy (including meals and motel). Payments may be sent to BNRPress, 132 E. Second St., Port Clinton, OH 43452 or via PayPal to fredschwan@yahoo.com. Suggested airports in order of desirability: Toledo, Cleveland, Detroit (attempts will be made to provide ground transportation to/from these airports) $$ = Paid Running total: 26, ?=new fester (running total 5 new Festers). ANA National Money Show, March 21-23, 2003, Charlotte (NC) Convention Center, Contact ANA Convention Department at convention@money.org or JoeBoling@aol.com for forms to exhibit. Hours are 10-6:30 Friday & Saturday & 10-2 Sunday. Hotels are The Westin Charlotte (704-375-2623) and the nearby Hampton Inn Charlotte Uptown (704-373-0917). Howard Daniel will be manning a joint NI/NBS/IBNS club table where Gramsters can meet each other. He is also conducting a joint NI/IBNS meeting on Saturday and invites all Gramsters to the meeting's show and tell session and to meet other collectors with similar interests. Masstricht April 4-6, Valkenburg, The Netherlands, contact Jos Eijsermans, Box 3240, NL 5930 Tegelen Netherlands Military Numismatics Summer Seminar Session I dates are Saturday, June 28, to Friday, July 4; session II, Saturday, July 5 to Friday, July 11, 2003 Link for more and general information: http://www.money.org/sumsem2003.html Link to photos from Seminar II http://www.money.org/summer2002images5.html ======================================== 2003 scholarship fund Donations of cash and numismatic material will be gladly accepted. Generally the numismatic material is auctioned at MPCFest, but might be sold via ebay or other places. Your scholarship donations help the hobby by sending qualified individuals to the ANA summer seminar military money class. Except for unavoidable charges like ebay fees, 100% of your donation goes to scholarships. 2003 Scholarship Donors Ed Hoffman RA Medina Dick Freyser Larry Smulczenski David Seelye Howard Daniel Steve Feller Warner Talso Pam West Mr. 691 Leo May John & Nancy Wilson Max Spiegel Gail Baker Contact me at: "Marcus Turner" maturner@indy.rr.com Checks should be made out to the "Military Numismatists Scholarship". or Marcus Turner 8103 East US Highway 36 Suite 163 Avon, Indiana 46123 USA =========================================== MPC ANA Museum Project =========================================== Below is a list of the MPC holdings in the ANA Museum at this time. It goes without saying that donations of additional notes will be most welcome. Series 100 - [50 sen] Series 461 - 5 cents Series 471 - None Series 472 - [5 cents] Series 481 - 5 cents, [10 cents,] 50 cents, $1 Series 521 - 5, 15, 25, 50 cents Series 541 - 5, 10, 25 cents Series 591 - NONE Series 611 - NONE Series 641 - 5, 10, 25, 50 cents, $1, $5, $10 Series 651 - [$1] Series 661 - [10, 50c], [$5], $10 Series 681 - 5, 10, 25, 50 cents, $1, [45] Series 691 - [$1, $5, $10, $20] Series 692 - 5, 10, 25, 50 cents, $1 Series 701 - [$1, $5, $10, $20] [50c etc.] = notes donated by Gramsters contact Chris Connell ANA Museum Collections Manager 818 North Cascade Ave. Colorado Springs, CO 80903-3279 collections@money.org (719) 632-2646 =========================================== RESEARCH =========================================== Papermoneyworld maintains an innovative interactive data base of all military payment certificates. Everyone is invited to enter notes in their possession or that they have observed. Visit the site at: http://www.papermoneyworld.net/user/default.asp this project is financially supported by David Seelye www.thempcman.net, coinman@rochester.rr.com =========================================== Subscription information: =========================================== You can enter an email address to receive the gram by using the link below. Use this to change your address (add the new one), add a friend or enemy. http://www.papermoneyworld.net/WebMailList/Default.asp ========================================= HOT CONTACT LIST - DEALER & RESOURCE LIST Below is the BNR Press Hot Contact List. This list serves several functions. Obviously it is an outreach by the dealers listed for your business. Most of them buy and sell MPC. Others organize shows or publish periodicals, or furnish information dedicated to this field. They have supported the new Comprehensive Catalog of Military Payment Certificates with their advertising. They deserve your support and patronage! Name phone fax / cell email Allens (614) 882-3937 (614) 882-0662 info@allens.com American Coins & Collectibles (800) 865-3562 American Numismatic Ass'n(800) 367-9723 ana@money.org Guy Araby(562) 945-7891(310) 508-0018 guyaraby@earthlink.net Bob Baker(713) 864-3122 Ken Barr (408) 272-3247 ken@kenbarr.com Fred Bart (810) 979-3400 Dick Balbaton(508) 699-2266 (508) 643-1154 RBalbaton@aol.com Keith and Suzanne Bauman (248) 647 8938 tnaksbauman@earthlink.net Joe Bissell (602) 440-0442 (602) 494-9103 BNR Press(419) 732-6683 (419) 732-6683 fredschwan@yahoo.com Remy Bourne(800) 789-7070 (763) 789-4747 Ed Carne (614) 882-3937 (614) 882-0662 info@allens.com Champion Stamp (212)489-8130 (212) 581-8130 Cookie Jar Collectibles (301) 604-9225 cjcpi@comcast.net Guido Crapanzano [39] 2-8056228 [39] 2-4459856 Currency Dealer Newsletter (310) 515-7369 David F. Cieniewicz(205)852-7015 CGC (602) 493-4758 (602) 494-9103 sales@gradedcurrency.com Mike Cummings (863)603-9899 (863) 603-9880 mpccoin@hotmail.com Cygnet Charters(419) 734-2422 Ray Czahor (301) 604-9225 cjcpi@comcast.net Doric Coins & Currency (508) 699-2266 (508) 643-1154 FUN(407) 321-8747 Philip M. Goldstein : (845) 586-4672 iwantmympc@aol.com Great Lakes Bank Note Company(419) 732-6683 IBNS joeboling@aol.com Essie Kashani(909) 627-3996 (909) 627-2776 kashani10@aol.com Lowel Horwdel (765) 583-2748 (765) 583-4584 horwdel@inshightbb.com Lyn Knight(800) 243-5211 Krause Publications (715) 445-2214 (715) 445-4087 bnr@krause.com Harold Kroll(251) 649-5134 HARBONS@aol.com Leo May (305) 271-8391(305) 720-0695 LeoMayEnt@aol.com or Wide World of Banknotes Ian Marshall(416) 445-0286 (416) 445-0286 iam@total.net Memphis Coin Club (901) 757-2515 MPCGram (419) 732-6683 MPCGram@yahoo.com Pomexport Ltd. 1-201-641-6641 / Fax: 1-201-641-1700 E-Mail: Info@pomexport.com // website: http://www.Pomexport.com Bob Reed(504) 361-5684 bobreed@rrcoins.net Fred Schwan (419) 732-6683 (419) 732-6683 FredSchwan@yahoo.com David Seelye(585) 594-1987 (585) 594-2311 coinman@rochester.rr.com Richie Self (318) 868-9077 R. M. Smythe(800) 622-1880 (212) 908-4047 www.smytheonline.com Mel Steinberg & Son(415) 453-9750 (415) 457-4432 melsteinberg@mindspring.com Military Trader(800) 334-7165 Scott Winslow Associates (603)472-7040 (603) 472-8773 scott@scottwinslow.com George Warner(307) 672-3700 Pam West [44] 0208 641 3224[44] 0208 641 3224 pamwestbritnotes@compuserve.com ======================================= POST / BASE EXCHANGE(PX/BX/NEX) Dump your dupes! Your classified advertisement for items for sale, purchase or trade will be run here for free. Send your ads to the gram. This service is for everyone, most humble dealer or most advanced collector. The point is to make the gram more interesting. In all cases confirm your order via email first. FOR SALE: FOR SALE Series 651 Twenty-Five Cents Note in UNC. Have three (3) available: SPECIAL FOR GRAMSTERS: $550.00 POSTPAID. Series 651 $5.00 Notes in AU/UNC Four (4) Available SPECIAL FOR GRAMSTERS: $125.00 POSTPAID Thank you. Continental Coin Investors, Inc. 3123 N. HWY 98 Lakeland, FL 33805-2103 Tel 863-603-9899 Fax 863-603-9880 Toll Free 866-603-9899 WEBSITE: www.internet4coins.com Email: mpccoin@hotmail.com Email: mpccoin@ozline.net $ 10.00 Series 521 MPC Note please contact camiller05@hotmail.com WANTED SECTION: Collectors may submit lists of items wanted for their collections for listing here. Dealers and collectors who have these items, are then encouraged to list them for sale in the above section as a reply. Wanted listings will run for a period of 1 month. WANTED Rendezvous with Destiny MFC Series 022 souvenir notes. Paying up to five times face value. Put your for sale notice in the Gram. I would like to list my Christmas want list. I'm looking for the following notes: Series 100 Supplemental A yen - the 100 yen note. Series 100 Supplemental B yen - the 1,000 yen note. Series 521 .25 cent, 3rd printing. Series 521 .50 cent, 2nd printing. Series 521 $5.00, 2nd printing. Thank you, I hope someone has these notes for sale. Gary Looking to buy 1 each all EVEN and all ODD serial numbers on a Series 681 $1 note, Uncirculated or better. Also, I personally consider any zero in the serial number to be an even digit. =================================================== MPC CATALOG CORRECTIONS & ENHANCEMENTS Page 18, Bottom - Users of Military Payment Certificates Check marks were omitted from production copies of books. Please check off the following: Australia: 641, 661, 681, 692 Canada:461 through and including 591 Korea: 641, 661, 681, 692 New Zealand:641, 661, 681, 692 Thailand: 641, 661, 681, 692 United States: All (date listed: 02 APRIL 2002) Page 201, Bottom Right - Very last sentence on this page Two serial numbers listed for the second printing of Series 472 .50 cent notes. The first serial number listed is obviously in error as a nine digit number: C040351392C Correct Serial Number is: C04035139C D Freyser (date listed 10 April 2002) Page 207, #833/4 - Series 481 .25 4th Printing (table listing serial number breakdowns) line 5 Start Number is incorrect. It appears as: (start) D14784001D(end) D14784000D Correct start number should be: D09408001D PK6 (date listed: 03 APRIL 2002) Page 214, #855/r2 - Series 541 $1 Replacements, Ending serial number is incorrect Correct number is F1112000 (date listed: 02 APRIL 2002) Page 220, #884/2r - Series 641 .50 Replacements On page 284, it is broken down into 2 printings. That's correct, BUT, on page 220 he lists only (1) printing reported. It should "list" both first and second printings. Guy Araby (date listed 04 APRIL 2002) Page 287, Series 661 Series Summary, 25 cent note: the "list" shows "#CU as 10(7) . It should read, 8(7). As only 8 are known in CU. Just recount P.289. Guy Araby (date listed 08 APRIL 2002) Page 398, Series #541 $10 on "UNC." price is $2500, on P.214 the UNC. price is $3500. Also the rest of the prices don't match all the way to "VG" on this issue. They should be the same price. Guy Araby (date listed 08 APRIL 2002) =========================================== MPC Gram Staff: Publisher: Fred Schwan - MPCGram@yahoo.com Editor: Philip M. Goldstein - IWANTMYMPC@aol.com Subscription Manager:Doug Bell - doug@papermoneyworld.net Tuesday Columnist : Joe Boling - JoeBoling@aol.com Thurski Columnist: Larry "Ski" Smulczenski - skifla@prodigy.net Friday Columnist:Fred Schwan - MPCGram@yahoo.com Critic: Harold Kroll - HARBONS@aol.com Scholarship Coordinator: Marcus Turner - maturner@indy.rr.com Index & Back Issue Manager:vacant Webmaster & Technical Advisors:Doug Bell "Wiz" - doug@papermoneyworld.net Russ Walsh - russ.walsh@gte.net Fact Checker: Warner Talso - Calendar Coordinator: John & Nancy Wilson - The Boss: Judy Schwan ===== MPC Gram is published by BNR Press and papermoneyworld.com as a free service to the community of military money collectors. Your suggestions, criticisms, complaints, editorial contributions, letters, and even praise are very welcome. The entire contents including linked illustrations are copyright protected by the publishers. In the case of contributors, the copyright is protected on behalf of the creators. Please send all correspondence regarding the gram to MPCgram@yahoo.com. Thank you very much for your participation. __________________________________________________ Do you Yahoo!? Yahoo! Mail Plus - Powerful. Affordable. Sign up now. http://mailplus.yahoo.com ===== MPC Gram is published by BNR Press and papermoneyworld.com as a free service to the community of military money collectors. Your suggestions, criticisms, complaints, editorial contributions, letters, and even praise are very welcome. The entire contents including linked illustrations are copyright protected by the publishers. In the case of contributors, the copyright is protected on behalf of the creators. Please send all correspondence regarding the gram to MPCgram@yahoo.com. Thank you very much for your participation. __________________________________________________ Do you Yahoo!? Yahoo! Mail Plus - Powerful. Affordable. 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