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Swiss History


             Switzerland also supplied Nazi Germany with other materials for free. Swiss factories were the largest part of their economy because they do not have very much farming land. Because they were neutral the Allies would not bomb the factories in Switzerland even though they were making supplies for Germany. Also due to the Swiss" great engineers they could make factories inside of mountains so that planes could not see them. That is all policies of Switzerland's economy during WWII.
             All through their history, the Swiss have been known for their banks. There are many reasons for this, including privacy and good interest rates. Everybody knew this, so millions of Europeans had accounts there. Before the war, Jewish people in Germany put their money in the Swiss banks because they didn't want Germany to steal it. This made many problems that are still trying to be solved today. "A special staff to handle all issues at the executive level in connection with the controversy over Switzerland's role during the WWII era"(Swiss Federal Dept., pg. 1). This was the Swiss government's way of solving this problem, but the problem was much more complicated. The United States found this solution unsatisfactory so they took action. "The legal impetus for this entire debate emanates from America, where specifically American legal instruments, such as class-action suits and threats of boycott, are employed against corporations (www.spn.ethz.ch, pg. 1). The problem was that when you make an account you are a number to the banker not a name. So when the account holder died the heirs had no proof that their parents had an account their. Since they had no proof they would not let them have any of the money. So they have been trying to solve this problem for 5 or 6 years. According to account a man by the name of Salton tried to receive his fathers bank account but a Swiss banker would not let him withdraw anything from it due to a lack of proof of relationship.


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