As everyone knows, the Soviet military administration in Germany, acting in line with instructions from the Soviet Government, has always insisted on… - Vasily Sokolovsky

The currency reform is being carried out separately, in the interests of the American, British and French monopolies, which are dismembering Germany and trying to weaken her by subordinating her economy to themselves.

The separate currency reform does serious damage to the economic recovery of Germany. Instead of a uniform German currency there will be two currencies, instead of uniform prices there will be two standards of prices. Trade relations inside the country will be disrupted. In actual fact, inter-zonal trade is becoming trade between different States, in so far as there are different currencies.

Seeking to make secure the development of Germany’s peace economy on the basis of the Potsdam decisions and in the interests of the German people, the Soviet military administration in Germany tries to get a currency reform for the whole of Germany. The Soviet military administration condemns the action of the American, British and French occupation authorities in carrying out a separate currency reform, and holds them completely responsible for the consequences of this action.