- il STA.I ItLANCE-MUTUAL AID SETTLEMENT-MAY 28, 1946
IT '1:' i;. F rancs Spent by U.S. Army for Direct Local Pro- curement to 2 September 1945 Chargeable to French as Reciprocal Aid 7. Total Due French 8. Direct Local Procurement a. To VJ.-Day Not Eligible as Reciprocal Aid b. VJ to C-Lay 9. Net Troop Pay .. . millions .... FRANCS DOLLARS 541 1, 533 81 (29) (52) 11 31 2 1, 452 29 MEMORANDUM II War Department Statement on the Major Reasons for the Modest Level of Net Troop Pay 1. The mechanical limitations of the official accounts, maintained strictly pursuant to US/UK/French currency agreement of 15 August 1944. Thus, U.S. Army monthly French franc Currency Reports reflect: a. On the disbursements side, only French francs used for pay and allowances to U.S. military personnel and such civilians actually paid by the military establishment. b. On the receipts side, all cash collections taking in French francs for services rendered through all Army facilities (such as PX's, messes, clubs, canteens, salestores, commissaries, etc.) and admin- istrative services rendered (such as personnel transfers, money orders, War/Savings bond purchases, currency conversions, etc.) not only for U.S. military personnel but also for the following groups, aggregating several hundred thousand individuals: (1) U.S. civilians, employed by other U.S. departments and agencies, obtaining francs from sources other than WD dollars and from other than U.S . Army disbursing officers; (2) Members of the military forces of the Allies, obtaining francs from the French Government itself and/or from non-dollar sources such as sterling, Belgian francs and other foreign currencies; (3) French civilians employed by or affiliated with the U.S . and Allied military establishments, obtaining francs directly from the French Government itself. 2. The U.S . Armed Forces' observance of the overall policies of the French Government designed to preserve to the maximum extent, and revive as rapidly as possible, their domestic economy after five years of Axis occupation. a. Implementation by the U.S . Armed Forces of this basic French policy was predicated upon MI.ORenumr No. 11 '"B ating to Currency" of 15 August 1944, and the "Memorandum of Agree- ment between Supreme Commander, Allied Expetitionary Forces, Currency Reports. Domestic economy policiesofFrenchGov- ernment, observanee by U. S. Armed FPos. 4201
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