The Archive · 1939

Many Unusual Requests Made

Some of the requests made in connection with these deposits have Been so unusual that many banks have had to decline to handle them altogether.

It was said tnat citizens of couniries where fear of sudden invasion is great—for example, Switzerland and the Netherlands—are seeking to Set up trust funds with the stipulation that if their countries are invaded, the banks will not turn over the trust to anyone but the rightful owner.

The idea would be to prevent anyone from getting the money even it the owner, under some kind of duress, signed an authorization. The banks are asked to disregard all but the original instructions as soon as news is received that invading troops have crossed the border. In almost every case, the instructions have to do with invasion and not with declarations of war. "Evidently a lesson has been learned from the undeclared war in China, one financial writer commented.

The old formalities observed' in warfare have disappeared along with old fighting methods and apparently the same goes for ways and means of protecting hoarded wealth, another stated.

Text read from the printed page and cleaned; old type leaves the occasional error.

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