SCAPIN-859: HOLDING COMPANY LIQUIDATION COMMISSION
GENERAL HEADQUARTERS
SUPREME COMMANDER FOR THE ALLIED POWERS
APO 500
4 April 1946
AG004
(4 Apr 46)
ESS/AC
(SCAPIN-859)
| MEMORANDUM FOR | IMPERIAL JAPANESE GOVERNMENT. |
|---|---|
| THROUGH | Central Liaison Office, Tokyo. |
| Subject | Holding Company Liquidation Commission. |
1. Reference is made to Central Liasion Office Memorandum No. 1170 (2.1), dated 12 March 1946, forwarding memorandum from Ministry of Finance, LO 339 dated 9 March 1946, subject: “The Holding Company Liquidation Commission Ordinance,” and attached final draft of the Imperial Ordinance concerning the Holding Company Liquidation Commission.
2. No objection is offered to the proposed Ordinance. The matters of fact stated in the Ministry of Finance Memorandum referred to in paragraph 1, above, are accurate.
3. The Imperial Japanese Government will furnish promptly to the Supreme Commander for the Allied Powers, in quintuplicate, typed in English on 8" x 11" paper, copies of the following: the Cabinet and Departmental Ordinances required to implement the Imperial Ordinance, the Organization Ordinance Concerning the Supervising Committee of the Liquidation of the Holding Companies, and the Articles of Incorporation of the Holding Company Liquidation Commission.
4. It is to be understood that the Commission, upon its establishment, will inform the Supreme Commander for the Allied Powers of all meetings, will have an observer for the Supreme Commander for the Allied Powers present at all meetings, and such representative will have access to the minutes of such meetings and all other records of the Commission.
5. Your attention is again directed to the understanding that “full freedom is retained by the Supreme Commander to elaborate or modify the proposed plan at any time and to supervise and review its execution” and that the “Imperial Japanese Government shall appoint any person to membership on the Commission if and when such person be nominated by the Supreme Commander,” as well as the other understandings set forth in LOF 2, subject: “Dissolution of Holding Companies,” dated 16 November 1945, second attachment (paragraph 1 and 3, “Understandings between the Supreme Commander of the Allied Powers and the Imperial Japanese Government Pertinent to the Liquidation of the Holding Companies”).
FOR THE SUPREME COMMANDER:
B.M.FICHI
Brigadiar General,AGD,
Adjutant General
MEMO FOR RECORD: (SCAPIN - 859)
RAM/DH/dch
15 March 1946
1. Directive AG 423 (13 Dec 45) ESS/IE, subject: "Inventory of Raw Silk, Semi, Greige, and Finished Goods", required that an inventory of all raw silk in Japan be submitted on or before 25 January 1946. Due to misunderstanding the inventory was not submitted until 2 March 1946.
2. The inventory indicates that approximately 5,000,000 pounds of raw silk in unopened bales are in the possession of weavers and manufactures of other materials. Much of the quantity is believed to be suitable for export.
3. In order to determine the suitability for export of this raw silk, this directive is being issued. The directive requires that raw silk be retested by the Japanese Government Conditioning House and packed in standard export bales. The reports are to be submitted to this Headquarters for determination of the suitability of the silk for export.
4. This is a policy directive and Army surveillance will be required.
5. No concurrences necessary.
6. This problem as it relates to Korea has been considered.
R. A. M.
