New York, June 16.
Compilation of a truly comprehensive list of Axis wealth in the United States will prove extremely difficult, it appeared here yesterday.
Wall Street sources said that Axis wealth has been expertly hidden, in some instances within the capital structure of Swiss organizations. The basis for that presumption was the magnitude of Swiss assets in the United States, which total about US$1,500,000,000 compared to about US$300,000,000 to US$400,000,000 long term German assets.
Monetary experts believed that Germany and Italy, during! recent weeks, succeeded in removing virtually all their liqui the United States in anticipation -of President Roosevelt's order freezing Axis assets.
Text read from the printed page and cleaned; old type leaves the occasional error.