Letter from Herbert Steinitz to Paul H. Gantt, March 18, 1948

18 March 1948 TO : Mr. Paul H. Gantt, Deputy Director, Economic Ministries Division FROM : Herbert St e ini tz SUBJECT ; Kontinentale 61 A.-G. 1) Enclosed please find an original folder of the Kontinentale 51 A.G. containing a contract between Kontinentale 01 A.G. and Colombia S.A.R., Bukareet, dated 29 July 1944. 2) Taken at face value the contraot certainly makes the impression of an honest agreement. Particularly par.3 ie just a sample of good will and fairness. 3) An inquiry at the ,nBenzol Yertrieb ’ and at the former Reich Finance Ministry brought the information that in 1944 the price for crude oil was RM 16.10 per 100 kg and the price for Roumanian Lei was RM 1.6? for 100 LeL. 4} Therefore: Lei 68.250.000 represented but 15.166.66? kg crude oil had a value of m 1.139.773.- RM 2.441.833.39. Tel: BERLIN 42103 HERBERT STS Enel