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Dormant Assets in Switzerland

I read with dismay “The Triumph of Morality,” by Roger C. Altman, former deputy secretary of the U.S. Treasury (Opinion, Aug. 3).

I was extremely disappointed to read such a one-sided and biased report on the efforts now taking place in Switzerland in search of a just solution to the painful matter of heirless assets and other issues related to World War II.

While it is sadly true that the “raison d’etat” often prevails over morality--and as a former member of the U.S. executive branch the author should know it better than anyone--he should be reminded that the morality he so rightfully praises also implies a certain measure of objectivity. His article unfortunately lacks that quality.

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I feel compelled to offer this brief clarification: In dealing with the controversies mentioned above, three objectives are of paramount importance to Switzerland: Shedding a full light upon history (in a constructive spirit of transparency and cooperation), achieving full restitution of all dormant assets which may still be held in Switzerland and showing solidarity with survivors of the worst tragedy mankind has ever endured. Justice and nothing but justice should be carried out. But this in no way implies that Switzerland should accept unjustified criticism or blatant media prejudice such as that apparent in Altman’s article.

THOMAS G. BORER

Ambassador

Federal Dept. of Foreign Affairs

Bern, Switzerland

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