TEXT: CLINTON SIGNS US HOLOCAUST ASSETS COMMISSION ACT OF 1998 
On June 23rd, President Clinton signed into law S. 1900, the
"U.S. Holocaust Assets Commission Act of 1998."


Following is the White House text:

(begin text)

THE WHITE HOUSE
Office of the Press Secretary

June 23, 1998

STATEMENT BY THE PRESIDENT

Today I am pleased to sign into law S. 1900, the "U.S. Holocaust
Assets Commission Act of 1998." This legislation is the result of the
bipartisan support of the Congress, and the efforts of many people
inside and outside of government who have worked to achieve its
passage. It represents an important step in advancing the United
States Government's efforts to bring justice to Holocaust victims,
survivors, and their heirs.

The bill establishes the "Presidential Advisory Commission on
Holocaust Assets in the United States." The Commission will focus on
two key tasks: first, it will conduct original research on the
collection and disposition of Holocaust-era assets that came under the
control of the United States Government after Hitler came to power in
1933 (assets including gold, gems, bank accounts, financial
instruments, insurance policies, and art works); and second, it will
review research already conducted by public and private entities. The
Commission will prepare a final report, summarizing its findings and
making recommendations to me, which will be completed by December 31,
1999.

As we finish the business of the 20th century, we must examine
difficult aspects of our history in order to build a better world for
our children in the next millennium. Establishing a Commission to
study these issues sends a strong message, both at home and abroad,
that the United States Government is determined to acknowledge and
address the fate of Holocaust assets domestically.

WILLIAM J. CLINTON

THE WHITE HOUSE,

June 23, 1998.

(end text)

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