Apparently, Ex-president Benes made an agreement and borrowed against the Czechoslovakia's gold reserve. Then the gold disappeared. But did it really disappear? - It is interesting how the article on the 6,000,000 lbs. of Czechoslovak Gold states that the gold was transferred to Germans whereas there is evidence that President Benes in fact pledged the gold to Great Britain for use in financing Czechoslovak forces in Great Britain. It is surprising that no one has published this information, with the exception of me publication in 2014.
On December 10, 1940 a second agreement was signet regagrding the financing of Czechoslovak forces during the war. A key element of the agreement related to the use by the Provisional government of some Ł6,000,000 of Czechoslovak funds held by the Bank of England. The agreement invalidated German claims to the funds and established the necessary provisions for their use in the war effort. A credit of Ł7,500,000 was established with further amounts to be approved if necessary. In addition, the second agreement laid out plans and provisions „for preparation for Anglo-Czechoslovak co-operation for the Republic after the end of the war. … Finally, on July 18, 1941 Eden summoned Masaryk to the Foreign Office and handed him a note, in which the Britisch government officially recognized the Czechoslovak gevernment under the terms specified by Beneš. The note restored for Britain the former international status of Beneš and his goverment and opened the door for solution of future questions regarding the frontiers of Czechoslobakia, as well as postwar relations with Great Britain and other Allied governments. … Winston Churchill demanded to know how the government could ask its citizens to enlist in the military when it was “so butter-fingered that £6 million worth of gold can be transferred to the Nazi government.
Preston and Partridge, eds., British Documents on Foreign Affairs. Part III, Vol.3, Apríl 1941-Juli 1941. FO 417/43 16199, C 8083/7140/12, No.41: „Agreement Between the Union of Societ Socialist Republice and the Czechoslovak Republic, 21 Juli 1941, Beneš, Memoirs, 157-158
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Czech Gold, By Adam Lebor
Miami University Thesis - complete
THE DEVELOPMENT AND FAILURE OF AMERICAN POLICY TOWARD CZECHOSLOVAKIA, 1938-1948
Abstract: Describes the recognition of the Provisional Czechoslovak governemnt-in-exile President Benes and the financing of Czechoslovak forces in 1940 by Great Britain in trade for Czechoslovakia's gold reserve of 6,000,000 pounds which President Benes pledged as collateral, see pages 51-54. This case study of Czechoslovakia traces the development and ultimate failure of United States policy toward Eastern Europe from 1938-1948. It described how American policymakers viewed this region in terms of U.S. interests is of paramount importance in understanding why Czechoslovakia and other Eastern European countries “fell” under the sphere of influence of the Soviet Union rather than allying themselves with the West. First, through multi-archival sources, this study demonstrates how U.S. policymakers’ inability to recognize the unique position of, and democratic tradition within, Czechoslovakia led to the development and implementation of an inconsistent and essentially flawed policy of non-accommodation during the Truman administration that allowed the Czechoslovak Communist Party to obtain control of the government in 1948. Second, this study shows that Eastern Europe, although economically not as significant to American interests as Western Europe, became an ideological battleground as the United States and Soviet Union tried to expand their respective sphere of influence in Eastern Europe. As a result the United States increasingly pressured the Czechoslovak government to adopt pro-Western policies favorable to the U.S., 229 pages.
Recognition of the Czechoslovak Government in Exile 1939 - Benes Bargains Czech Gold Reserves
By Carson W. Clements
Jan Kuklík: „Gold not stolen but used by Benes for the Czechoslovak Resistance Army.“
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P.S.
Jan Kuklík a Czech historian. His articles can be read abroad in English. Czech citizen foreign historians articles in English can not read. Independence and true to its price. Therefore, they are valuable value.
Jan Šinágl, 27.6.2014
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