ABSTRACT

This chapter describes gold deposit in Berlin's Reichsbank in 1915 that was unrelated to the 1916 gold deposit in the same bank by the Ittihadists. The similarities of the amounts of deposits and the bank created utter confusions amongst the Allies during the post-war period as they were in the process of confiscating and allocating German state assets. The chapter discusses the origin, purpose and fate of the 1915 deposit of five million Turkish gold pounds in Berlin's Reichsbank. It explains both the German and the Austro-Hungarian governments contributed to the 1915 deposit as collateral to their wartime ally Turkey for the purpose of issuing Turkish paper currency. Great Britain was equally reluctant to expose the origin of the 1916 Turkish gold deposit in Berlin in order to not hinder lucrative post-war concessions in Turkey. A concrete reminder of the British motives to conceal the source of this genocide money is found in the State Department documents that unearthed.