The separate currency reform does serious damage to the economic recovery of Germany. Instead of a uniform German currency there will be two currenci… - Vasily Sokolovsky

For the purpose of protecting the interests of the population of the Soviet zone of occupation of Germany and of the Greater Berlin area and of preventing economic dislocation through the separate actions of the Western Powers, the Soviet military administration in Germany will also adopt other necessary measures arising out of the present situation. The Soviet military administration in Germany feels certain that the German population will support its measures and will take the necessary steps to overcome difficulties, to raise the level of economy and strengthen currency circulation in the Soviet occupation zone of Germany

At the London conference official representatives of the United States, Britain and France discussed and decided such questions regarding Germany which come directly within the competence of the Control Council and can be decided only on the basis of agreement among the Four Powers occupying Germany. The American, British and French occupation authorities, however, do not wish to inform the Control Council of the decisions prepared in London nor to give an account of the instructions they received in connection with the unilateral London decisions on the German question.

A situation has arisen in which only the Soviet side has to give an account to the Control Council whereas the American and British sides refuse to give an account to the Control Council of the actions in the zones of Germany they occupy. Thus, these delegations merely prove that they are tearing up the agreement on the Control Machinery in Germany and are assuming responsibility for breaking up this agreement. By their actions these three delegations once again confirm that the Control Council virtually no longer exists as the supreme body of authority in Germany exercising quadripartite administration of that country. This is also clear from the position taken by the afore-mentioned three delegations at all recent meetings of the Control Council and its agencies.