Gist of a remark made by Mr. Chang Soon Yoo
According to the statements made by the Japanese authorities as have recently appeared on various publications, it seems that the Japanese authorities entertain an idea that the Korean claims against Japan, substance of which is now scheduled to be discussed at this Committee, should be affected when the fact that Japan has recognized the validity of the disposition of properties in Korea formerly owned by Japanese was taken into account by Korea. Nothing, however, can be more ▣" ardous for the work of this Committee then the idea mentioned above, which, in a very subtle way, tends to prejudies the readers' fair opinion on the true picture of the issue. The original Korean claims against Japan as were compiled by the Korean Government before the disclosure of the graft of the Japanese Peace Treaty, were of an enormous magnitude, which was rather a natural outcome of the heavy damage and sufferings of the Korean people under the Japanese occupation for so many a year. When the Korean Government was informed of the acceptance by Japan of the Peace Treaty including in particular the provisions of Article 4 thereof, however, the Korean' Government decided to waive most of her original claime against Japan in consideration of the fact that Japan recognized that she had no valid claims to properties in Korea formerly owned by Japanese
The Korean claims against Japan which were defined in eight items and submitted to the first Over-all Korea-Japan Talks In 1952, are only of the minimum of the remainder of the original claims, and as such in no way to be affected by the acceptance by Japan of the "Statement of U.S. position on Interpretation of Article 4 of the Japanese Peace Treaty".