Berlin's City Council (of whose five key members three are Communists) decreed the confiscation of all property owned by Nazis and "all other persons who took an active part in the propagation of Naziism, who committed vile acts against others" or made profits from the Nazi regime. Purely personal belongings were exempted; businesses, houses and lands were presumably affected. Since the Nazis had bought up, confiscated or controlled most German business and industry, this decree was equivalent to a nationalization of property. Said the Berlin radio: "The importance of the decree is likely to reach far beyond Berlin, although it applies...
Foreign News: Nationalization
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