History
The FCSC was established in 1954 (Reorganization Plan No. 1 (5 U.S.C. App.)), when it assumed the functions of two predecessor agencies: the War Claims Commission and the International Claims Commission. The FCSC and its predecessor agencies have successfully completed 43 claims programs to resolve claims against various countries including the Federal Republic of Germany, Iran, Yugoslavia, Bulgaria, Romania, Hungary, the Soviet Union, Czechoslovakia, Poland, Italy, Cuba, China, East Germany, Vietnam, Ethiopia, Egypt, Panama, and Albania. In all, more than 660,000 claims have been adjudicated, with awards totaling in the billions of dollars.
Read more about this topic: Foreign Claims Settlement Commission
Famous quotes containing the word history:
“I feel as tall as you.”
—Ellis Meredith, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4, ch. 14, by Susan B. Anthony and Ida Husted Harper (1902)
“America is the only nation in history which, miraculously, has gone directly from barbarism to degeneration without the usual interval of civilization.”
—Attributed to Georges Clemenceau (1841–1929)
“It gives me the greatest pleasure to say, as I do from the bottom of my heart, that never in the history of the country, in any crisis and under any conditions, have our Jewish fellow citizens failed to live up to the highest standards of citizenship and patriotism.”
—William Howard Taft (1857–1930)